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The Massive Year-End Surplus and the First Quarter of 2022 Make the Case for a Reasonable Tax Cut

by Tax Watchdog | Nov 1, 2021 | News and Media, Newsletters, The Utah Taxpayer, In the News

Every month – with the exception of August and September – we watch for the State Tax Commission’s TC-23. The report provides a snapshot view of the State’s revenue picture. As we have been saying for over a year now, revenue is incredibly strong. The first quarter of...

Following Years of Increases, Salt Lake County Council Discusses Providing Relief for Property Taxpayers

by Tax Watchdog | Oct 4, 2021 | Blog, Newsletters, The Utah Taxpayer

We’re often here writing about proposed tax increases on a local level and what citizens can do to try to prevent or argue against them. However, we’re seeing a proposal in Salt Lake County that would provide an ease for the tax burden on property owners in the...

Cannon’s Canon: If We Want Our Children to Stay in Utah, Then Major Action Needs to Be Taken to Provide Relief to All Utahns

by Tax Watchdog | Oct 4, 2021 | Blog, Newsletters, The Utah Taxpayer

Utah has experienced tremendous growth in the past few decades, including being the fastest growing state in population according to the 2020 Census Bureau data. Along with the benefits of massive job growth, wealth, and an increase in wages, Utahns are feeling...

While Most States Funds Are Insolvent, Utah’s Unemployment Insurance Trust Fund Is In Decent Shape and Could Emerge Stronger

by Tax Watchdog | Oct 4, 2021 | Blog, Newsletters, The Utah Taxpayer

As light hopefully begins to appear at the end of the economic damage COVID pandemic tunnel, Utah is in a solid position with its Unemployment Insurance Trust Fund. Utah businesses should celebrate since a depleted fund causes sharply higher unemployment insurance...

By The Numbers: Examining Capital Gains Proposal in $3.5 Trillion Infrastructure Bill

by Tax Watchdog | Oct 4, 2021 | Blog, Newsletters, The Utah Taxpayer

The tax world is abuzz over the Build Back Better Act, which is a $3.5 trillion infrastructure federal package trying to move through Congress. The Act would include spending programs to fund insolvent and poorly-run cities, expanding the child tax credit, and the...
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