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Category Archives: Taxes
U.S. presidents make a lot of money when they leave office, both in their private endeavors and in terms of government pension and expense reimbursements. Private wealth among presidents was never uncommon, but no post-presidency pension existed until 1958, when … Continue reading
A reminder of where your federal income tax dollars are going … and what you’re (not) getting in return. Happy tax day. Graph courtesy of this Cato Institute policy report.
This time of year, most Utahns’ minds turn toward thoughts of … their state and federal income taxes. During the joyful process of filing a tax return, it is natural (and healthy for the sake of freedom) to be a … Continue reading
According to a recent Salt Lake Tribune article: Utah residents pay the 14th lowest taxes in the nation, or the 10th lowest if adjusted for cost of living The average Utah taxpayer pays $6,069 in taxes (state and local) The … Continue reading
The Wall Street Journal highlights yet another example of how state policy (in this case, tax policy) has real implications. Los Angeles Laker big man Dwight Howard is the NBA’s most prominent free agent this off season and is being … Continue reading
How do Utah’s income tax rates compare to those in neighboring states, or states in other regions? Is Utah’s sales tax burden higher than other states’? What kind of tax (sales, income, property, etc.) does Utah government rely on the … Continue reading
Technically, the so-called “Great Recession” ended in June 2009. So does it feel like an “economic recovery” to you? Fortunately for many Utahns – in part due to the generally conservative public policies put in place by Utah policymakers – … Continue reading
According to a new Tax Foundation analysis of Census Bureau data on state and local government tax revenues, state and local governments in Utah rely more on individual and corporate income taxes and sales taxes, and less on property taxes, … Continue reading
One of the benefits for free society – for families, individuals, businesses, and others – that conservative principles and thinking provides is the possibility for balancing realities and principles that may seem to be in conflict, resembling the balancing act … Continue reading
Deseret News columnist Doug Robinson sums up perfectly why Orem residents are pushing back against new taxes to pay for UTOPIA. More than 5,000 Orem residents signed a petition to force a property-tax referendum in November 2013. That means the … Continue reading
After much citizen input from a historically attended Orem City Council meeting on the evening of Aug. 14 (and into the wee hours of the morning on Aug. 15) to decide the fate of a proposed 50 percent increase in … Continue reading
After an eight-hour Truth in Taxation Hearing, the Orem City Council voted 4-3 at 1:45 this morning to approve a 25 percent property tax increase for the Orem portion of the property tax bill, instead of the proposed 50 percent … Continue reading
The latest tax revenue estimates reported to the Legislature’s Revenue and Taxation Interim Committee today showed that general and education fund revenues (mostly sales & use tax and personal/corporate income taxes, respectively) for fiscal year 2011 came in $80 million … Continue reading