Archive | Uncategorized

School Districts Take $469 Million from Students Under Pressure from Cities and Counties That Are Looking to Spur Economic Development

In June’s meeting of the Economic Development and Workforce Services Interim Committee, legislators looked into the relationship between school districts, community reinvestment areas, and tax increment financing.  A year ago, a report from your Taxpayers Association revealed that school districts paid more than $90 million annually in tax increment financing to community reinvestment areas. Now, […]

Posted in UncategorizedComments (0)

Jonathan Williams Says Utah Won’t Be Number One for Economic Outlook Much Longer Unless Some Bold Changes Are Made

Jonathan Williams Says Utah Won’t Be Number One for Economic Outlook Much Longer Unless Some Bold Changes Are Made

The Utah Business Coalition hosted a breakfast for legislators on June interim day to hear from Jonathan Williams, Chief Economist and Vice President for State Fiscal Reform at the American Legislative Exchange Council (ALEC). Mr. Williams shared his thoughts on tax reform efforts in Utah and across the nation.   Mr. Williams told the roughly […]

Posted in UncategorizedComments (0)

My Corner: What Every Taxpayer Needs to Know about Utah’s Current Tax Reform Process

My Corner: What Every Taxpayer Needs to Know about Utah’s Current Tax Reform Process

The first wave of the Tax Restructuring and Equalization Task Force town hall-style meetings have been held and there are more to come before the Task Force sits down to fulfill its purpose. Its stated purpose when these meetings began are to “Assure sustainable, adequate, and flexible funding to meet the needs of Utah citizens, […]

Posted in UncategorizedComments (0)

City Government Takes $635 from Every Man, Woman, and Child on Average

City Government Takes $635 from Every Man, Woman, and Child on Average

According to calculations done by your Taxpayers Association, Utah citizens in FY 2018 paid roughly $635 of their income to city government, $24 more than the prior year. Utahns also paid $24.41 of each $1,000 earned by resident in their respective city, representing 2.4% of total taxpayer income.  The Utah Taxpayers Association’s 2019 Cost of […]

Posted in UncategorizedComments (0)

More Than Half of All Businesses in Utah are Exempt from the Personal Property Tax, Following Action Taken During the 2019 Session

The issue of Tangible Personal Property Taxes has generated a lot of discussion at the legislature in recent years. Many believe it imposes an unrealistic compliance burden on businesses and should be eliminated, at least for small businesses. Others feel it is an important revenue stream for government that needs to remain in place; that […]

Posted in UncategorizedComments (1)

“Why Must This Be Done?” Panelists Discuss Basis and Answers to State Tax Reform

“Why Must This Be Done?” Panelists Discuss Basis and Answers to State Tax Reform

During the 2019 Session, the message was told that the state of Utah has a revenue and a structural problem, which was the base for HB 441 and the argument for tax reform. After HB 441 failed to pass the Legislature, attendees at the Association’s Taxes Now Conference gathered to hear from experts and policymakers […]

Posted in UncategorizedComments (0)