The Utah Taxpayer - February 2023
Once Again, the Data Shows the Claim “The Rich Don’t Pay Their Fair Share Of Taxes” Is Still One Big Fat Lie
Whether it is on the national level or the state level, the most recent data still paints the same picture as always and the statement that “the wealthy don’t pay their fair share of taxes” retains the status of one big, fat lie
Review the data here
Spending the Surplus?
Forecasts for FY2024 show a $3 3bn revenue surplus for Utah The Invest in Utah’s Future Coalition has suggested a $5 6bn wishlist of additional spending which would not only eliminate all surplus funds, but also necessitate creating additional revenue through tax hikes This is both unnecessary and unfair
Read more here
SJR1 - Interim Property Tax Bill Moving Utah Down The Wrong Path
SJR1 proposes to amend the Utah Constitution to make the 45% residential exemption on property taxes the minimum (it is currently the ceiling) and allow the legislature to raise that percentage in the future A brief review of history shows how dangerous and damaging that would be
Review the details here
Taxpayers In Utah Score Big Win - Congressman Blake Moore Elected To Powerful Ways and Means Committee
On January 11th, 2023, it was announced that Utah’s Congressman Blake Moore (R- CD1) had been elected to the House Ways and Means Committee This is a huge win for taxpayers in Utah Utah has never had a Republican member on the committee since statehood and there has never been a member on the committee from any state west of Texas
Read why this is a big win
Moving the Salt Lake Bees Ballpark
Last week, the Larry H Miller Group announced that it would be relocating its Salt Lake Bees baseball team to Daybreak, where it owns 1300 acres of undeveloped real estate What is interesting about this move is that the new stadium will be privately funded by the Larry H Miller Group and will not rely on any public funding
Read about the decision here
