by Tax Watchdog | Nov 4, 2021 | Blog, Newsletters, The Utah Taxpayer
During legislative interim meetings at the Capitol in October, your Utah Taxpayers Association presented the case for a sustainable income tax cut to the Revenue and Taxation Interim Committee. As our annual Beehive Family Report shows, state income tax is the 2nd...
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...
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...
