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...
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 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...
by Tax Watchdog | Sep 3, 2021 | Blog, Newsletters, The Utah Taxpayer
Utah’s local governmental entities gave away more than $213 million in 2020 in tax increment financing (TIF), with nearly 53% of that money being taken from school districts. Each year, taxing entities across the state give millions in foregone property tax dollars...
by Tax Watchdog | Sep 3, 2021 | Blog, Newsletters, The Utah Taxpayer
by Jonathan Williams Jonathan Williams, Executive Vice President of Policy and Chief Economist at the American Exchange Legislative Council For the past 14 years, I’ve had the privilege of authoring the annual ALEC publication, Rich States, Poor States, alongside...
by Tax Watchdog | Sep 3, 2021 | Blog, Newsletters, The Utah Taxpayer
So far in 2021, several states have followed Utah’s lead by passing legislation modeled after our property tax laws, known as “Truth in Taxation”. After years of painful and relentless property tax hikes, taxpayers in Nebraska and Kansas were victorious in getting...
