by Billy Hesterman | Jan 31, 2025 | Newsletters, The Utah Taxpayer
Each year during the second week of the Legislative session the Legislature adopts what is called the “base budget.” Through a series of bills the state lawmakers pass most of the budget so that should there be a hang up at the end of the session, the...
by Billy Hesterman | Jan 31, 2025 | Newsletters, The Utah Taxpayer
In early January New York began its effort of congestion pricing for drivers entering the center of Manhattan. The program is a toll pricing system that varies throughout the day depending on how congested the roads are. If the roads are busy, drivers will pay...
by Billy Hesterman | Jan 2, 2025 | Newsletters, The Utah Taxpayer
For the first time since 2017, taxes will be on the main stage in Washington DC. With much of the Tax Cuts and Jobs Act (TCJA) expiring at the end of 2025, President Trump and the Republican Congress will be hard at work looking to extend, make permanent, or change...
by Billy Hesterman | Jan 2, 2025 | Newsletters, The Utah Taxpayer
Gov. Spencer Cox is again advocating for tax cuts in his latest budget proposal. In his plan, released in December, the governor called for eliminating the tax Utah charges on social security. The tax cut would complete a multi-year effort by the state to give relief...
by Billy Hesterman | Nov 26, 2024 | Newsletters, The Utah Taxpayer
A new report from the Tax Foundation has found Utah has the 16th most competitive tax climate in the country. The foundation’s report took into account a number of factors when determining the new rankings including corporate tax rates, individual income tax...
