by Tax Watchdog | Feb 5, 2020 | Newsletters, The Utah Taxpayer
Corporate income taxes are levied in 44 states. Though often thought of as a major tax revenue source for states, corporate income taxes actually only account for an average of 4.73% of state tax collections and 2.27% of state overall revenue. In addition, the...
by Tax Watchdog | Feb 5, 2020 | Newsletters, The Utah Taxpayer, School Spending
According to your Taxpayers Association’s School Spending Report, Utah spends an average of $9,932 per student annually. The annual School Spending Report looks at spending from all 41 school districts and combined charter school expenditures. The report finds...
by Tax Watchdog | Feb 5, 2020 | Newsletters
While Utah contemplates next steps to address reforming Utah’s aging tax structure in order to keep Utah in its #1 spot as the best place in the country to live and do business in, other states are on the move in trying to solve similar problems. Iowa is one of these...
by Tax Watchdog | Feb 5, 2020 | Newsletters
In what can fairly be described as a perfect storm, petitioners gathered more than 144,000 signatures on a referendum petition to repeal SB 2001 which was passed in a December 12, 2019 Special Session of the Utah Legislature. The bill was almost perfect by economic,...
by Tax Watchdog | Feb 5, 2020 | Legislative Watchlist, Newsletters
With more than 200 bills already numbered during the 2020 General Session, it may be hard to keep track of all the tax-related legislation. Thankfully, your Taxpayers Association tracks all these bills, and many more for you through our 2020 Legislative Watchlist. ...