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‘People who add to the economy are the ones that benefit,’ Utah GOP lawmaker says of tax cut aimed at top 1%

The Legislature is on the verge of dropping Utah’s income tax rate from 4.65% to 4.55%, meaning those Utahns with the highest incomes will benefit the most.

(Trent Nelson  |  The Salt Lake Tribune) The Utah Capitol in Salt Lake City on Thursday, Feb. 22, 2024. The Legislature is once again on the verge of cutting income taxes this year.

(Trent Nelson | The Salt Lake Tribune) The Utah Capitol in Salt Lake City on Thursday, Feb. 22, 2024. The Legislature is once again on the verge of cutting income taxes this year.