by Malah Armstrong | Jan 3, 2024 | Newsletters, The Utah Taxpayer
For the last 16 years, Utah has been ranked #1 in Economic Outlook Rank by ALEC’s Rich States, Poor States, and while the future remains bright for Utah, 2024 threatens a new ranking for the first time ever. In 2023, Utah cut its state individual income tax by 0.2%,...
by Malah Armstrong | Nov 30, 2023 | Newsletters, The Utah Taxpayer
This Thanksgiving, I enjoyed 70-degree weather on the coast of California. 48 hours later, I was driving home to Utah in a blizzard wondering why we’d left the Golden State, and why in the world Californians would ever want to move. The answer: state taxes. In 2023,...
by Malah Armstrong | Nov 30, 2023 | Newsletters, The Utah Taxpayer
Even though enrollment is declining, Utah will spend more than ever on education in Fiscal Year 2025. Even though there is no relationship between education spending and performance, Utah will spend more than ever on education in Fiscal Year 2025. Even though the WPU...
by Malah Armstrong | Aug 29, 2023 | Newsletters, The Utah Taxpayer
Average gas prices in Utah are currently $4.22 a gallon, compared to the national average of $3.83. Historically, Utah has always had higher gas prices than many other states and, over the last year, Utah’s average gas price has continuously been higher than the...
by Malah Armstrong | Aug 29, 2023 | Newsletters, The Utah Taxpayer
It’s no secret that “California” is synonymous with “high taxes”, and the state’s recent legislative session shows they have no intention of shirking that title. Over $203.7 billion in new taxes and fees are being considered, and a budget of $310.8 billion was signed...