Flush with extra money, Republican leaders in the Utah State Legislature are promoting an income tax cut. FOX 13 first reported last year legislative leaders were going to push for one.
For an average family of four making $72,000? It's about $98 back each year. If a family of four makes $40,000? It's about $45. Speaking to reporters on Wednesday, Senate GOP leaders signaled that the rate might go lower when the bill makes its way to the House of Representatives. The 4.85% rate may just be a starting point in budget negotiations on Capitol Hill."We’re trying to balance fiscally, being careful and conservative and also some return to our taxpayers and in addition to that, funding some high priorities," said Senate Majority Whip Ann Millner, R-Ogden.
Lawmakers have hinted at other tax cuts coming, including doing more with Social Security. There is also discussion about an earned income tax credit for some of Utah's most needy. Advocates for lower-income Utahns have been rallying people to pressure lawmakers to pass a bill to eliminate the state portion of the sales tax on food. The Crossroads Urban Center recently launched an online campaign of people writing on paper plates their demands for the bill to pass.
Not enough to cover the cost of a day lift ticket at the resort. Just keep it
Will this really make that much of a difference?
Why didn't they eliminate the grocery tax instead? It seems that would help way more people. A family of four making just $72k/year has more challenges than a measly $98 is gonna solve.
Time to start planning my Dubai vacation
This isn't as much help as eliminating the unethical grocery tax would be for those with low income suffering most. Teaching groceries is wrong. This income tax cut helps the middle class the most and high earners even more.
The thing that would have helped--eliminating the sales tax on food--didn't pass, but the income tax cut passed which will mostly benefit higher income people. Of course. Welcome to Utah.
Dumb, this cannot go to Utah’s social services
10 basis points….PARTY!
That's pathetic considering what our surplus is. Absolutely pathetic.
Then they sneak it in the gas tax with a little more.
Don’t spend your $98 all in one place now!😂😂😂😂
Not even a full percentage and we're supposed to feel like they care about us? 🤣🤣
Oh thanks
How nice of the overlords on Mt Doom. 😑
Wow sounds like a huge win for the citizens 😂if that comes all at once we may be able to almost by a tank of gas.
It took more tax money to fugue out how to save someone e $98 them it was worth.
That is so generous of them
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How Senate Dems reaped the benefits from 2 little-known GOP maneuvers - POLITICOThey may have lost their latest filibuster fight, but the president's party is helping stock the federal bench for him — thanks in part to Republicans. 'Politico media bias rating is Lean Left.' Republicans will rewrite that part of history to blame Democrats for stacking the court in the favor of the radical left agenda. Just watch it wont take long for lies and misinformation to start flying Democrats are looking really bad, so its time to change the rules, to help us get elected. Let thousands of illegal immigrants just walk right over the border, after handing them a Democrat voting card. Can't have a filibuster, Democrats hate it, unless it works for them.
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