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Spencer Cox on Budget & Economy

 

 


Let some hotel tax revenue pay for infrastructure

Cox said he would back local governments' interest in adding more flexibility in how Transient Room Tax revenue can be spent. "I would support using a portion of TRT for infrastructure," he said. He said infrastructure--ranging from roads to water and sewer--has to be able to accommodate the ever-growing volume of visitors to southeastern Utah.
Source: Moab Times on 2020 Utah gubernatorial race , Jun 27, 2019

Time to reevaluate our approach to tax incentives

I believe in the power of free markets. Free market capitalism has done more to eradicate real poverty than any other socioeconomic system in the history of the world. Conversely, tax incentives inherently change the playing field in free markets and can lead to governments--not markets--picking winners and losers. To stay competitive, Utah has also offered incentives. It's time to reevaluate our current approach.
Source: Medium.com blog posting for 2020 Utah gubernatorial race , Jun 26, 2019

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