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Article: Tax revenue shrinks; sparring over ethics grows
- Article from:
- Deseret News (Salt Lake City)
- Article date:
- February 22, 2008
- Author:
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Copyright informationCopyright 2008 Deseret News (Salt Lake City). Provided by ProQuest LLC. (Hide copyright information)
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Two items this week: Tax cuts vs. raises and professional ethics.
Monday Gov. Jon Huntsman Jr. and state legislators got some
unwelcome news -- tax revenues will come in next year more than $300
million less than anticipated.
Don't get out your handkerchiefs just yet -- the state still has
near-record one-time tax surpluses and fine tax revenue growth.
But a $100 million tax reduction wished for by the House
Republicans will be much less. And raises for teachers may be less,
also.
A delicate political dance will now take place.
In a re-election year for Huntsman, all 75 members of the House
and half of the 29-member Senate, the incumbents don't want to be
painted into any unpleasant corners ...