The biggest chunk, about 40%, of the tax relief under a proposal pushed by Utah’s Republican lawmakers would go to those making $113,000 a year and above. That’s about 20% of all income tax filers.
This top-salary tier would claim more of the $128 million cut for individual taxpayers than would the bottom 60% of the state’s earners, according to a legislative staff analysis of the plan lawmakers are readying for a possible December special session.
The state tax force crafting this proposal wants to slash income tax rates while at the same time increasing the tax on food and adding the sales tax to motor fuel purchases.