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During a Recession, Raising Taxes is the Wrong Thing to Do; More Than 35 Taxing Entities Plan To Raise Property Taxes

by Tax Watchdog | Jul 5, 2020 | Blog, Newsletters, The Utah Taxpayer

A cardinal rule during a recession is to not raise taxes. In our current unprecedented recession that Utah and the country is suffering through, following this rule is more important than ever. Your Taxpayers Association has heard from many individuals and businesses...

My Corner: Economist Stephen Moore: Utah Should Reduce or Eliminate the State Income Tax

by Tax Watchdog | Jul 5, 2020 | Blog, Newsletters, Taxes Now Conference, The Utah Taxpayer

Utah clearly leads the nation in fiscal responsibility according to leading national economist Stephen Moore speaking through a Zoom connection at the 42nd Utah Taxes Now Conference. He planned to speak in person but without advance notice, the White House called on...

Cannon’s Canon: Utah’s Sales Tax Revenue Surprisingly Resilient During the Pandemic – Pay Attention To What It Is Teaching Us

by Tax Watchdog | Jul 5, 2020 | Blog, Newsletters, Taxes Now Conference, The Utah Taxpayer

As the global COVID-19 pandemic continues to roil society and the economy, some data are starting to emerge on the economic damage and how it relates to state tax revenue in Utah. Not only will this data help inform policymakers, but it should also teach us some...

Responses to COVID-19 Dominates Conversations at Annual Taxes Now Conference

by Tax Watchdog | Jul 5, 2020 | Blog, Newsletters, Taxes Now Conference, The Utah Taxpayer

The Utah Taxpayers Association successfully held its annual Taxes Now Conference in June, and were delighted to have so many participants joining us in-person and for the first time, online! We heard from state and national tax policy experts, as well as all five of...

COVID-19 has Accelerated What New Economy Looks Like and the Tax Code Should Reflect That, Says National Tax Expert

by Tax Watchdog | Jul 5, 2020 | Blog, Newsletters, Taxes Now Conference, The Utah Taxpayer

We need to accelerate our thinking about what sales taxes in the new economy should look like, according to Jared Walczak, Vice President of State Projects, Tax Foundation speaking at the 2020 Taxes Now Conference. He said, “It does make sense to have a sales tax that...
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