UT Could Have $3B In Surplus For Next Fiscal Year

UT Could Have $3B In Surplus For Next Fiscal Year

(Salt Lake City, UT) — It looks like Utah could have up to three-billion dollars in surplus next year. That word from the state Taxpayers Association after analyzing tax and revenue numbers. If true, the group argues it’s time for a deeper income tax cut. The president says the money will open up a lot of doors for things that can be done. Other groups have pushed to increase spending on affordable housing and social service issues.