Sixty-seven is what I heard, and 46 percent on corporate taxes. And let's face it, corporate taxes are paid by consumers anyway. So you get hit with it coming or going. You can compare that with what other States have done, like the neighboring State of Indiana or Wisconsin, Virginia, New Jersey, my home State of Utah, which decided to solve their problem simply by reducing their spending. I am told that Indiana, since 2004, reduced spending by 40 percent.
The speaker discusses corporate taxes and state spending reductions.
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