Utah food tax could skyrocket (Salt Lake Tribune)

November 14, 2012 – Utah lawmakers are once again considering doubling the state sales tax on food, reversing a cut enacted five years ago. In its place, Sen. John Valentine, R-Orem, is proposing targeted relief for low-income Utahns through a refundable credit to help defray the cost of groceries for the state’s poor and a refundable income tax credit for its low-income workers. In 2006 and 2007, Utah’s sales tax on food was cut from 4.75 percent to 1.75 percent, a major initiative backed by then-Gov. Jon Huntsman. The downside, Valentine says, is that the sales tax revenue began to fluctuate and dipped at a time when there were more demands on programs funded with that revenue.

Link to Full Article: http://www.sltrib.com/sltrib/politics/55278783-90/bill-credit-everyone-families.html.csp


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