Tax Reform in Utah?

January 20, 2006

In his State of the State address Tuesday evening, Governor Jon M. Huntsman, Jr. made remarks stating his plans to make Utah’s tax system one of the most competitive in the region. From his State of the State address:

It is important to send a signal about our commitment to long-term competitiveness. One important way we can become more competitive is to reform our antiquated tax code.

First, we need a personal income tax system that is simpler, flatter, and fairer. We need to provide one of the lowest income tax rates in the West–and one that leaves more money in the pockets of taxpayers. [Full Speech Here]

Our most recent State Business Tax Climate Index ranks Utah’s tax system 26th nationally, so there is indeed room for Utah to become more competitive. Gov. Huntsman’s long term vision and recognition of the importance of a competitive tax system should serve as an example for elected officials nationwide.

Was this page helpful to you?

No

Thank you!

The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?

Contribute to the Tax Foundation

Topics


Related Articles