Utah lawmakers considering increase in gas tax to stop new sales, income tax

Utah lawmakers are working on a deal that would raise gas taxes and send more money to schools in order to stop a ballot initiative that would hike sales and income tax rates.

A bill unveiled Tuesday afternoon would ask voters in November to raise gas taxes by 10 cents a gallon.

Legislative leaders say that combined with a freeze on statewide property taxes would boost education spending by $375 million. They say raising gas taxes is better than hiking sales and income taxes because that could discourage businesses from moving to Utah.