State of Utah Archives: on Tax Reform
Convert 5% flat tax rate to progressive tax & raise $179M
A balanced budget is important for the good of the state and, as a successful business owner, I know how devastating high tax rates can be for business and families. However, cutting taxes year after year has had a disastrous effect on our schools,
roads, public works, and social services. In 2007, Utah moved from a progressive tax to a 5% flat tax, costing us $479 million each year. Without an educated workforce, safe roads, efficient water systems, and safe communities, businesses will not want
to set up shop in Utah--and that is not a Utah I want to live in.
As governor, I propose an income tax increase for the top 1.5% of all Utahns (including myself): a 1% increase for those households earning between
$250,000 and $1 million a year and 2% for those earning over $1 million. This small change will bring nearly $179 million to our schools.
Source: 2016 Utah gubernatorial campaign website MikeForUtah.com
Jun 17, 2016
I will not raise taxes as governor
I oppose new taxes and, as governor, I will not raise taxes. Last year, I voted against Prop 1 in Salt Lake County. Utahns deserve a break from ever increasing taxes.
I will actively look to shrink government, not expand it. I will look for ways to reduce taxes, including corporate income tax and income taxes on military and social security benefits.
Source: 2016 Utah gubernatorial campaign website HireJJ.com
Feb 2, 2016
Vote against all net tax increases
The federal tax code is too cumbersome and complex to navigate. Moreover, the federal government needs to reduce its spending rather than take more hard-earned money from American workers. These are my proposals to fix the broken tax system:
Source: 2014 Utah House campaign website, Love4Utah.com
Aug 8, 2014
against all net tax increases
- Support a simpler tax system that reduces the tax burden for working Americans
- Eliminate the federal death tax (also known as the estate tax)
- Work to simplify the tax code & reduce the need to hire a tax expert
Broaden the base; prefer FairTax
While Dan's preference is for a fair tax, he will actively advocate for any bill that broadens the base, lowers the rate and stops the game of playing favorites. Big companies should not be getting long-term tax breaks because they have better lobbyists.
Dan has received the Utah Taxpayer's Association "Taxpayer Advocate of the Year" award in both 2010 and 2011 because of his work on pension and Medicaid reform.
Source: 2012 Senate campaign website, danforutah.com
May 24, 2012
Don't stifle citizens & businesses with new tax burdens
We must balance our budget responsibly, and in a way that does not stifle an economy that is finally beginning to show signs of recovery. We need to support our hard-working citizens and businesses, not stifle them with new tax burdens. We need to help
them succeed, not hamper their success. And we need to think toward the future, not just of today. I strongly believe the best thing we can do for our citizens and our economic recovery is to exercise continued fiscal restraint and to not raise taxes!
Source: Utah 2010 State of the State Address
Jan 26, 2010
10% tax on all imports into the US, and no other tax
Baldwin would repeal the income tax, and in return implement a 10% tax on all imports into the US. In addition, Baldwin would drastically cut federal spending.
“Basically, the only difference between the Republicans and the Democrats today is that the
Democrats want to tax and spend, and the Republicans want to borrow and spend,” Baldwin said. “But both of them want to spend. They spend like drunken sailors, except that’s an insult to sailors because at least sailors are spending their own money.”
Source: Charles Geraci in The Herald Journal, Cache Valley, Utah
Jul 5, 2008
Historically high tax burden is now below national average
Thanks to the entrepreneurs, innovators and hard-workers of our State, personal income rose nearly ten percent last year, outperforming every state in the nation.
Our historically high tax burden is now below the national average.
And we have the lowest tax rate since the implementation of the State income tax. Thank you members of the Legislature; you passed tax reform unanimously last session, and this month, it is a reality!
Source: Utah 2008 State of the State address
Jan 22, 2008
Removed half of the sales tax on food
Last year, together with the Legislature, we removed half of the State portion of sales tax on food and took an initial step in adopting a flatter, fairer, income tax that will help Utah keep its competitive edge. We established a dual tax system,
now recognized nationally, that gives individual taxpayers the choice of either paying under our old income tax system or simply paying a flat 5.35 percent in income taxes. As a result of this action, every Utahn will receive income tax relief.
Source: Utah 2007 State of the State address
Jan 16, 2007
Restructure taxes to be more business-friendly
We must restructure taxes to be more business-friendly. We need a new, more sensible structure that rewards the private sector for creating long-term economic growth (and jobs) in Utah:
Source: Gubernatorial website, www.utah.gov/governor/
Nov 11, 2006
- Create tax holidays for specific types of companies
Revamp the state’s research & development tax credit
- Review the Industrial Assistance Fund
- Provide more competitive job training credits
- Phase out the sales tax on food
- Reduce the corporate income tax and revamp taxes on capital gains
Cut capital gains taxes to allow better retirement planning
We need to help folks better plan for their own retirements. I will continue to work on cutting capital gains taxes, which eat into everyone’s savings and investments.
Source: Speech to the 12th Annual Utah Seniors Conference
May 10, 1999
Page last updated: Dec 02, 2016