What is Going On with State Taxes?
We will leave discussions about your withholdings to your tax accountant, but we can try to help you understand what has been going on with state taxes in Utah.
Utah Sales Tax Reform: Better Now Than Later
As the economy continues to become more service-oriented rather than goods-oriented, Utah needs to adapt by taxing services and reducing overall tax rates. The result could mean a net win for Utah taxpayers—something for which we...
HB 385: Holding Utahns Affected Negatively By Tax Cuts Harmless
This bill sets up a mechanism by which Utahns who are going to be paying additional state income tax can instead receive those funds back by way of a credit.
HB 355: At Last, A State Income Tax Cut
This bill lowers the state individual and corporate income tax rates down from 5% to 4.925%, resulting in an $80 million tax cut for Utahns.
New Poll Shows Utahns Aren’t Sold on State Income Tax Increase for Public Education
Earlier today, the Trafalgar Group (TFG) released a public opinion survey commissioned by Libertas Institute and Americans for Prosperity. The survey showed that only 50% of likely voters support the proposed state income tax...
HB54: Increasing the Income Tax Rate in Utah
To track the status of this bill, find it on our Legislation Tracker.Click here to contact the sponsor of the bill to share your thoughts, or click here to email your Senator and Representative about it. Libertas Institute...