Schell on business tax loopholes and tax reform

deseretnews.com

Utah legislators have been looking at ways for getting additional money for the stat; that’s been the impetus behind efforts behind the Tax Reform Task Force. One issue that has been studied has to do with business tax loopholes. On KVNU’s For the People program on Wednesday, Patrice Schell of Voices For Utah Children said the topic is quite complex.

“In fact, we have a policy paper that has highlighted a little bit of some of the corporate and business loopholes,” Schell explained, “but only in the briefest mention because all we know is that there are quite a few exemptions out there. The governor’s office and the legislative fiscal analyst office have identified some exemptions that we can look at to get businesses to pay their fair share.”

She said their hope is with task force discussions these issues will be brought out including sales tax and other taxes that disproportionately impact low to middle income families. You can find out more about Voices For Utah Children at utahchildren.org

AUDIO: Patrice Schell of Voices For Utah Children talks with For the People host Jason Williams

Free News Delivery by Email

Would you like to have the day's news stories delivered right to your inbox every evening? Enter your email below to start!

Leave a Reply

Your email address will not be published. Required fields are marked *

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

This site uses Akismet to reduce spam. Learn how your comment data is processed.