SB 116: State Income Tax Reduction
This bill reduces the individual and corporate income tax rate from 4.55 percent to 4.5 percent.
HB 240: Help for Urban Farmers – Simpler Property Tax Assesment
This bill clarifies that land dedicated to urban farming qualifies for agricultural tax treatment if it generates at least $1,000 in annual gross sales per quarter-acre.
HB 260: Increased Property Tax Relief
This bill increases the income thresholds necessary to qualify for two of Utah’s Property Tax Relief programs.
Cutting Taxes in Utah Is a No-Brainer
At a time when people are making cuts to their own budget, the state government needs to strongly consider giving back excess revenue to the people it took it from.
Not Every Bill Passes in Utah, And That’s Good
In the end, we do more than just encourage legislators to pass a variety of good policies. Libertas Institute also serves as a watchdog for legislation that will negatively impact the rights and lives of Utahns
The Year of the (Modest) Tax Cut
A number of changes and reductions to tax burden of Utahns made it through the Legislature in 2022, but what were they?