(Salt Lake City, UT) – A Utah legislative committee is considering a bill that would offer residents and businesses a 160-million dollar income tax cut. The Senate Revenue and Taxation Committee on Wednesday took public comment on Senate Bill 69 which would lower Utah’s individual and corporate income tax rate […]
(Salt Lake City, UT) — Governor Spencer Cox has signed what he called the “historic” 480-million dollar tax cut the Legislature passed earlier this month. But part of the package Cox signed on Wednesday is on hold unless voters sign off on it next year. A constitutional initiative that would […]
(Salt Lake City, UT) — Utah’s Republican leaders will push for a reduction in the state’s income tax rate as part of a bill that will also affect seniors, women and low-income Utahns. If approved, House Bill 54 will reduce the state income tax from four-point-eight-five to four-point-six-five percent. It […]
(Salt Lake City, UT) — Local organizations are pushing back against Governor Cox’s proposed one-billion-dollar tax cut. Instead, organizers want to see investments in Utah’s future. In a press conference at the State Capitol yesterday, a conservation policy expert with the Utah Rivers Council said hundreds of millions of dollars […]
(Salt Lake City, UT) — Governor Cox thinks his proposed one-billion-dollars in tax cuts will help soften the impacts of inflation. That was his sentiment during his monthly PBS news conference on Thursday. Cox says state tax cuts won’t be like rebates or incentives from the federal government, in that […]
(Salt Lake City, UT) — Governor Cox wants to give Utah teachers a boost in pay in the next state budget. The governor went to Centennial Junior High in Kaysville yesterday and announced his plan to give every teacher in Utah a six-thousand-dollar raise. He also wants to increase a […]
(Salt Lake City, UT) — State lawmakers are looking to cut Utah’s income tax rate again. The state’s Interim Revenue and Taxation Committee passed a bill yesterday that would cut the rate to four-point-eight-percent. The measure comes as lawmakers discuss what to do with a one-point-three-billion-dollar surplus in state revenue. […]
(Salt Lake City, UT) — It looks like Utah could have up to three-billion dollars in surplus next year. That word from the state Taxpayers Association after analyzing tax and revenue numbers. If true, the group argues it’s time for a deeper income tax cut. The president says the money […]
SALT LAKE CITY (AP) — The Utah Senate has passed a $193 million tax cut, sending it to the desk of Gov. Spencer Cox, who is expected to sign it into law. The tax cut parallels actions advancing in other legislatures in a year where states are flush with cash […]
(Salt Lake City, UT) — The Utah House passes a 200-million-dollar tax cut package. The plan in SB59 slashes income and social security taxes for Utahns, saving them about one-hundred dollars a year on average. A plan from a bipartisan group of Democrats and Republicans to remove the state sales […]
