Local News
Utah Gov. Cox unveils $30.6 billion budget proposal, wants to nix Social Security tax
Utah Gov. Spencer Cox on Thursday unveiled how he thinks the Utah Legislature should spend about $30.6 billion in taxpayer money for the 2025-2026 fiscal year — another budget proposal with a record-breaking amount of forecasted revenues available for the state to spend. The main feature of his budget proposal? Surprise, surprise: another tax cut. Since 2021, Cox and the GOP-controlled Utah Legislature have approved about $1.2 billion in tax cuts, most of which lowered the state’s income tax rate to 4.55%. But Cox doesn’t want to stop there, and now he’s recommending lawmakers ...