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Letter: Sales tax rate

Letters to the Editor
Letters to the Editor
Deseret News

The “Be Honest” letter Aug. 7 that said that the tax increase the Our Schools Now is proposing “is an actual tax increase of over 9 percent” is not correct.

The truth is that while the sales tax rate would increase from 4.7 percent to 5.2 percent, a rate increase of 10.6 percent, that is only a tax increase of 0.5 percent. So the sales tax on $1 would go from $.047 to $.052, half a cent, not 9 cents, as the editorial stated. And, yes, the income tax rate would go from 5 percent to 5.5 percent, a rate increase of 10 percent, but the tax increase would be only 0.5 percent. So if a person’s taxable income is $30,000, his income tax would go from $1,500 to $1,650, an increase of $150, or $12.50 per month, not the $2,700 a 9 percent increase would generate.

Fred Ash