Read more to learn how experts suggest to navigate these challenges.
Utah lawmakers have set aside more than $200 million for another tax cut this year. What break will taxpayers get?
Will this be the year Utah eliminates state income taxes on Social Security?
Lisa Riley Roche reports: The price tag for getting rid of the tax on Social Security benefits is $143.8 million. Gov. Spencer Cox has called eliminating the tax that directly affects some 150,000 Utahns a cornerstone of his $30.6 billion budget, saying “it’s an embarrassment that we are one of eight states that still does that.”
It’s too soon to say what action the 2024 Legislature will take on Cox’s proposal to end the state’s taxing of Social Security benefits, but last month the legislative leaders who serve on the Executive Appropriations Committee set aside a total of $231 million for an unspecified tax cut “for later consideration.”
Dennis Romboy writes: Along with every other team in the NBA, the value of the Utah Jazz increased substantially in the past year.
Sportico recently published its 2024 list of franchise valuations, with the Golden State Warriors at the top of the league ranking and the Memphis Grizzlies at the bottom. An NBA team is worth, on average, $4.6 billion, according to Sportico’s calculations. The total is up 15% over 2023 and nearly double that of four years ago, when the average was $2.37 billion.
Here are three key points:
The average value of an NBA team rose 15% to $4.6 billion over the past year.
The Golden State Warriors are the most valuable team in the league at $9.14 billion
The Utah Jazz are now valued at $3.67 billion, $2 billion more than they sold for in 2020.
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Packed with behind-the-scenes insights from players like Robbie Bosco and Kelly Smith, game-by-game highlights, and more, this collector's edition is your all-access pass to one of college football's most legendary seasons. Get your copy today and celebrate the triumphs of the 1984 BYU Cougars!
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🗓️ Events Calendar
We are still working on updating the calendar for January's events. We will hopefully have it ready for you by the end of the week.
Here are some highlights for events in Utah today:
"Ragtime" | The Ruth and Nathan Hale Theater, Pleasant Grove
“Titanic: The Musical” | Terrace Plaza Playhouse, Ogden
Utah gymnastics vs. Utah State University | 7 p.m.
Please reach out to me at sgambles@deseretnews.com if you have any thoughts, feedback or ideas you would like to share!