Taking on the sales tax offers opportunities, brings challenges

Written by: Peter Reichard

George Washington once observed that “No taxes can be devised which are not more or less inconvenient and unpleasant.” Like most states, Utah depends primarily on a three-legged stool of more or less unpleasant taxes: the property tax, the income tax and the sales tax. Property and income taxes seem to chafe the public most. Paying these taxes serves almost as a rite of passage into full participation in the economy and the burdens of … Continued

After 30 years of Truth in Taxation, how are property taxes looking?

Written by: Peter Reichard

When the subject of property taxes comes up, local officials are apt to bring up Utah’s Truth in Taxation law. As the name of the law implies, Utah’s Legislature created the law as a means of ensuring transparency to decision-making about taxes. But one practical effect of the law was to limit local governments’ ability to reap windfalls from increasing property values. And from the perspective of some local officials, the law has stunted revenue … Continued