Huntsman Earns 'B' for Fiscal Policies

Summary


Gov. Jon Huntsman Jr. earned a B grade on a new fiscal policy report card compiled by the Cato Institute, a libertarian think tank based in Washington, D.C.

According to the institute's analysis, Huntsman tried unsuccessfully to eliminate the corporate franchise tax but was able to reduce sales taxes and establish a lower, 5 percent income-tax rate.

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Extract


Huntsman Earns 'B' for Fiscal Policies

But while Huntsman reduced taxes, he increased spending, the institute found.

"Unfortunately, Huntsman has completely dropped the ball on spendin...

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