Child-Friendly Utah Seeks Fix for Tax Problem With Big Families

January 07, 2019 (Bloomberg Tax)

Big families in Utah—the state with the highest birth rate in the nation—face a big tax problem because of the federal tax overhaul.
But child-friendly Utah’s Legislature is likely to take another stab this year at a fix.
The 2017 federal tax law, while increasing overall deductions, eliminated the state tax exemption per dependent that helped lower tax bills for Utahns earning up to about $150,000.

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