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Karen Mayne: Time to weigh in on the future of Utah’s tax structure

Utah is on the move. Our state is one of the fastest growing in the nation, with a population that is expected to nearly double in the coming decades.

Our state is well-known as a great place to live, work and play. Our growth provides incredible opportunities, but it also poses significant challenges. Our revenue structure is based on the economy of the last century. It has become clear we need to examine our revenue structure in order to address the growing imbalance in our state’s income, property and sales tax.

During the 2019 General Session, the Utah Legislature created the Tax Restructuring and Equalization Task Force to study these issues.