taxes

California lawmakers are pushing a one-time 5% tax on residents worth over $1 billion to plug a massive budget deficit.
Utah enjoys a reputation as a low-tax state, but that reputation rests on a flattering comparison.
Tax Day comes with a strange expectation that Americans should feel some sense of pride or gratitude. You’ll hear about refunds, credits, and relief. Politicians talk as if they’ve handed something back to you out of goodwill.
This bill reduces the individual and corporate income tax rate from 4.55 percent to 4.5 percent.
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.
This bill increases the income thresholds necessary to qualify for two of Utah’s Property Tax Relief programs.

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