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Wednesday, March 14, 2007Finally.
KSL: Governor Signs Largest Tax Cut in Utah's History:
Tax Relief 2007 is a combination of cuts to income tax, general sales tax, dropping the food sales tax and certain business taxes. Together, the state's $220 million tax relief investment will translate to about $320 a year savings for the average Utah family.Reminder: It's not just the huge tax cut that is historic, it's the completion of a systemic overhaul of our tax system. A better structure. Less volatility. (See graphs on page two of the PDF doc). Still, the extra $320 will be nice.
posted by The Senate Site at 11:54 PM | Link
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