by Tax Watchdog | Feb 2, 2009 | Average Family Taxes
A median-income Utah household consisting of two parents and three children pays 25.3% of its income in direct federal, state, and local taxes, according to an analysis by the Utah Taxpayers Association. A median-income Utah family earns $57,700 in wages and salary....
by Tax Watchdog | Jun 29, 2008 | 2008 Enterprise Articles
Tax Foundation President predicts federal tax reforms in near future by Howard Stephenson Positive federal tax reform may be on the horizon regardless of who the next U.S. President is, according to Scott Hodge, President of the Washington-based Tax Foundation.Hodge...
by Tax Watchdog | Jun 22, 2008 | 2008 Enterprise Articles
by Howard Stephenson This summer, the Utah Legislature’s Interim Revenue and Taxation Committee will be discussing acquisition-based valuation for property tax purposes. Acquisition-based valuation is a fundamental component of California’s Proposition 13, which...
by Tax Watchdog | Jun 15, 2008 | 2008 Enterprise Articles
by Howard Stephenson Utah’s total tax and fee burden as percent of personal income increased from 15.76% in FY2005 (revised) to 16.08% in FY2006. Utah’s ranking, however, improved from 5th highest to 8th highest. Excluding fees, Utah’s tax burden, 11.34%, ranks 20^th...
by Tax Watchdog | May 19, 2008 | 2008 Enterprise Articles
by Howard Stephenson It’s election year for the legislature and school boards and if voters listen to claims of some, they would believe that the Utah legislature has been stingy with funding for education, that spending per student falls further and further behind...
by Tax Watchdog | May 5, 2008 | 2008 Enterprise Articles
by Howard Stephenson On May 13, the Utah Taxpayers Association will host our annual “Taxes Now” conference at Salt Lake’s Little America Hotel. The packed agenda will include Utah’s most influential policy leaders outline the impact of the 2008 Legislature’s decisions...