Most Democrats believe that allowing the tax cuts for the rich to expire at the end of the year would be one of the best ways to help the U.S. economy. Many Republicans disagree, including State Senator Lyle Hillyard, R-Logan, who serves as co-chairman of the legislature’s Executive Appropriations Committee.On KVNU’s Crosstalk show last week, Hillyard said in 2007 he did his own study on 800,000 Utah taxpayers.”People who made over $75,000 paid about 40% of the state’s income tax,” Hillyard said. “And that was less than 5% of the people had in returns, as I saw those. Now that’s an amazing type of thing because if you raise the taxes ‘on the rich’ here in Utah, they usually move to Wymoming because they have no income tax.”Hillyard says he also agrees with those who want to lower taxes for corporations.
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