With the opening of the Utah Legislature looming and tax-preparation season underway, there’s still considerable uncertainty about what the $1.5 trillion tax reform bill passed by Congress late last year will mean for individual Utahns’ pocketbooks and overall state revenues.
“We’re all scrambling to figure out what it all means,” said Juliette Tennert, chief economist at the University of Utah’s Kem C. Gardner Policy Institute. She was one of three tax experts the institute brought together Wednesday to talk about the federal tax-reform package, joined by Bruce Johnson, former state tax commission chairman, and Jonathan Ball, the state legislative fiscal analyst.