Local News
Utah Legislature poised to cut taxes for 5th year in a row — but how?
Utah’s Republican-controlled Legislature is poised to cut taxes in some way yet again — for a fifth year in a row. While the governor has his preferences, lawmakers will have their own ideas to hash out. And that may include yet another income tax rate cut. As part of his budget recommendation, Cox proposed nixing the state’s tax on Social Security benefits, estimated to cost the state about $143.8 million a year. Currently, Utah households that receive Social Security and earn less than $75,000 can already qualify for a Social Security benefit tax credit. However, the ...
