by Tax Watchdog | Mar 5, 2020 | Newsletters, The Utah Taxpayer
All states rely on federal aid to fund everything from social services to education. According to a new study from the Washington, D.C. based Tax Foundation, in fiscal year (FY) 2017 the states for which federal aid made up the smallest share of state general revenue...
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 | Nov 8, 2019 | Newsletters, The Utah Taxpayer
Every year, your Utah Taxpayers Association staff members attend a couple of annual meetings that bring together sister taxpayer associations from states across the country along with tax professionals, CPAs, legal professionals and policymakers. In October, Howard...
by Tax Watchdog | Nov 8, 2019 | Newsletters, The Utah Taxpayer
Every year the Tax Foundation in Washington DC releases its “State Business Tax Climate Index” that ranks states in a unique way. It seeks to compare state tax systems by not only looking at how much states collect in tax revenue, but more importantly how they are...
by Tax Watchdog | Nov 8, 2019 | Newsletters, The Utah Taxpayer
Each year, your Utah Taxpayers Association reviews all of the various bond proposals floated by taxing entities around the state. While we generally try to meet with school districts to reduce overall bonding costs through the encouragement of cost-cutting...