Revenues
Public Policy Lessons From the Michael O. Leavitt Administration: Taxation
Utah's leaders face challenging decisions when weighing tax reform options. They must keep laser focused on Utah’s changing economy and aging population.
A Visual Guide to Tax Modernization in Utah Part Five: Business Taxes
Utahns share a common interest in a state and local tax system that provides for our needs, keeps the economy strong, and remains viable over the long term. This visual guide, the fifth in a series, illustrates key components of Utah’s business taxes.
Tourism, Recreation, and Restaurant Taxes in Utah
Tourism in Utah generates significant tourism-specific and other taxes, but regional differences in local revenues and tourism impacts can pose challenges.
Growing but Narrowing: Long-Term Structural Changes in Utah’s Sales Tax Base
Utah’s sales tax base grew with inflation and population growth in recent decades but failed to pace with economic growth until recently.
Decoding the Income Tax Earmark: Proposed Changes to Utah’s Constitution
On the November 2024 ballot, voters will decide whether or not to amend the Utah Constitution to allow the use of income tax revenue for any public function, contingent on maintaining certain school funding provisions.
Salt Lake County Zoo, Arts & Parks (ZAP) Tax
Salt Lake County collected $36.7 million in ZAP tax revenue in fiscal year 2023, supporting organizations that collectively employ nearly 15,000 individuals and receive over 11 million visitors annually.
A Tale of Two Recessions: How Utah’s Sales Tax Performed Over Recent Business Cycles
Utah’s sales tax performed differently during recent recessions, and now approaches a new normal amid structural changes.
Utah Property Tax Myth Busters: Trends and Choices
Property tax remains a topic of significant discussion in Utah. On January 17, 2024, the Kem C. Gardner Policy Institute co-hosted an event addressing property taxes with the Ivory-Boyer Real Estate Center. The Property Tax Myth Busters presentation provides context for the property tax’s place in Utah’s overall state and local tax portfolio, addresses property tax features, and provides an overview of Utah’s current property tax system by addressing some common misconceptions about the property tax.
A Visual Guide to Tax Modernization: Individual Income Tax in Utah
Utahns share a common interest in a state and local tax system that provides for our needs, keeps the economy strong, and remains viable over the long term. This visual guide, which is the fourth in a series, illustrates key components of Utah’s income tax – the fastest growing and most volatile major tax.
Income Tax insights
In recent decades, income tax revenue growth outpaced growth in the two other major taxes (property tax and sales and use tax), even with tax rate cuts. In fact, since full implementation of Utah’s current single rate system in 2008, Utah’s income tax base has more than paced with the economy.