There’s nothing like calling for higher taxes on others. I suppose it feels good knowing your doing something good…with other peoples’ money. Yet again, the Salt Lake Chamber Of Commerce and aligned organizations are calling for more government spending so long as they get the benefit without the cost.
They want the legislature to spend more on public education to benefit the business community. Great, right? But guess what the prime area for the state legislature to increase revenue for such is…your income tax (100% of it goes to education in Utah). Waddoups crunched the numbers on that:
Utah, a state with a large number of children, spends $6,062 per student per year, far below the national average of $10,441. Aligning Utah spending with the national average would cost nearly $2.4 billion, requiring an income tax increase from the current rate of 5 percent to 9.4 percent, according to Waddoups.
Don’t fall for the we spend less than other states red herring. Local circumstances will affect spending levels (ie comparing apples to oranges here) and more spending certainly does not equate to better education (Washington DC spends a lot of money but their system stinks), nor does this look at whether the system is more efficient and producing quality students compared despite the lower cost (a business goal, no?). They also don’t seem to look at other solutions other than the “just throw more money at it” mantra.
Anyway, raising taxes on families in a slow economy (or any economy, for that matter) is the implied desire. Why not call for the corporate tax* to be raised as they see themselves as the beneficiary of the spending increase? Call it a user fee. Nope, they want you to pay for it. They also prefer to pool their money not for schools but to lobby to raise your taxes and “…groom candidates to run for vacant legislative seats…” (Shumway appears to be their man in the vacant Liljenquist seat right now).
Corporate welfare is live and well in Utah. The Salt Lake Chamber remains an enemy of taxpayers. Glad to hear Senator Waddoups is pushing back, hope voters and other legislators won’t buy the spin.
*Note: the corporate tax rate does affect business as it increases product cost. That also means that consumers (you) effectively pay the tax if you buy their product. In other words, don’t buy liberal lines that we need to make business pay by increasing the corporate tax – consumers pay that tax and it does slow economic activity.