My charitable donations reduce my AGI which reduces UT state income tax

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Nov 22, 2024
2:38:21pm

BYU'01 All-American

My charitable donations reduce my AGI which reduces UT state income tax

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BYU'01

Bio page: BYU'01
Joined: Jan 18, 2003
Last login: Nov 22, 2024
Total posts: 8,551 (134 FO)

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Messages

Author

Time

Forgive my ignorance but a cursory view of this image suggests that Utahns are taxed higher than common belief. Am I

Zach Morris #NeverNavy

Nov 22, 12:35pm

Utah has always taxed pretty heavily.

cougarstrong

Nov 22, 12:39pm

Yep. It positions itself as fiscally conservative and business friendly,

Nov 22, 12:49pm

What’s the reason there are no Fortune 500s in Utah? Sorry, I’m dumb

mang

Nov 22, 6:22pm

Higher taxes than the People's Republic of Oregon and Washington. Also taxing

Parker Schnabel

Nov 22, 4:13pm

Taxing SS benefits is just wrong. That will keep me away in retirement.

Orem58thBall

Nov 22, 7:30pm

Utah is a red state that isn't very conservative

Skeptical Optimist

Nov 22, 12:44pm

But it is so much more enlightened and accepting then other red states

BR549

Nov 22, 6:48pm

Utah is, in fact, a higher tax state.

Tokolosh

Nov 22, 12:45pm

When the feds own 2/3 of your land, this is what happens

CocaColaRecovery

Nov 22, 1:02pm

I do want a lottery. It's time. Utah needs a lottery in a bad way.

Superkid

Nov 22, 3:08pm

Utah should eliminate Corp income taxes & dissolve GOED

BYU'01

Nov 22, 2:45pm

It doesn’t help that Utah doesn’t allow charitable contributions to reduce taxes

7FootRussian

Nov 22, 12:57pm

My charitable donations reduce my AGI which reduces UT state income tax

BYU'01

Nov 22, 2:38pm

I’m not sure it does. AGI is used to calc Utah tax. Standard or itemized

7FootRussian

Nov 22, 3:02pm

I only itemize every other year, and state savings could be lower than fed but

BYU'01

Nov 22, 4:44pm

I have some experience with tax bills and Protectionism is a huge problem in UT

RJCOD

Nov 22, 1:07pm

Can you expound? I always thought "protectionism" was tariff related?

MapCoug

Nov 22, 1:23pm

For sure. Protectionism is just a federal strategy to protect US goods.

RJCOD

Nov 22, 2:40pm

Limiting income taxes revenue to edu is in the UT state constitution. I don’t…

BYU'01

Nov 22, 2:43pm

Probably a poor example. Maybe school choice is a better example.

RJCOD

Nov 22, 2:49pm

Doesn't Cox own the business that provides broadband or Wi-Fi to Utah schools?

Coug Dude

Nov 22, 4:07pm

Aren't the majority of Utah schools networked by the U?

Superkid

Nov 22, 4:42pm

Most Utahns don't know this. Vote Republican & don't do their homework

Coug Dude

Nov 22, 4:03pm

Utah taxes is not a Cox issue. It is an Utah issue and has been for a while.

Tokolosh

Nov 22, 5:13pm

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