Tax Restructuring and Equalization Task Force has plan

A task force of state lawmakers is recommending the passage of a tax reform package that will result in a small income tax cut and new taxes on groceries and services.

State Senator Lyle Hillyard of the Tax Restructuring and Equalization Task Force said last night that must be taken to remedy the state's current revenue imbalance.

The task force held its final public hearing last night and then voted in favor of the final version of the tax reform package.

An estimated 84-percent of taxpayers will pay less state income tax because of the plan.

A special session of the Legislature may be called by Governor Herbert this week in order to pass the tax reform proposal.