From Deseret News archives:
Utah No. 1 in outlook on economy
- Page:
- < Previous
- 1
- 2
• Non-farm payroll employment growth from 1996 to 2006. Utah's was 26 percent, or fifth among states.
Texas, Florida and Arizona led the economic performance rankings. At the bottom were Michigan, Ohio and Illinois. The individual rankings for Utah in the outlook survey are:
• Top marginal personal income tax rate: 5.35 percent, 21st-ranked.
• Top marginal corporate income tax rate, 5 percent, ninth.
• Personal income tax progressivity (change in tax liability per $1,000 net income), zero, second-ranked.
• Property tax burden (per $1,000 of personal income): $27.30, 13th.
• Sales tax burden (per $1,000 of personal income): $32.61, 38th.
• Remaining tax burden (per $1,000 of personal income): $17.47, 18th.
• Estate/inheritance tax: No, first.
• Recent legislated tax changes (2005 and 2006, per $1,000 of personal income): Minus $1.91, seventh.
• Debt service as a percentage of total tax revenue: 10.3 percent, 38th.
• Public employees per 10,000 of population (full-time equivalent): 505, 10th.
• State minimum wage (federal floor is $5.85): $5.85, first.
• Average worker compensation costs (per $100 of payroll): $2.06, 14th.
• Right-to-work state (optional joining or supporting of a union): Yes, first.
• Number of tax expenditure limits (with zero being the least and three being the most): One, 13th.
• Economic freedom index score (voucher, ease of private/home schooling, etc.): 1.34, 24th.
The report is available at www.alec.org.
E-mail: bwallace@desnews.com
- Page:
- < Previous
- 1
- 2
Recent comments
Why would anyone admit they are "working poor?" I know this isn't...
Working Hard | Dec. 18, 2007 at 10:30 a.m.
This American Legislative Exchange Council report sounds like...
Working Poor | Dec. 18, 2007 at 9:29 a.m.
- Wildcats pounded by the Tribe 5:40 p.m.
- Cougars lead Utes 13-6 at halftime 4:56 p.m.
- TSA gets Grinchy with snow globes 4:34 p.m.
- Luxury resort in depressed Rhode Is. 4:34 p.m.
- Jones' joy for life remembered 4:09 p.m.
- Fantasy is reality for BYU professor 4:05 p.m.
- 'A Christmas Story' opens this week 4:05 p.m.
- Art gallery exhibitions this week 4:05 p.m.
- Special exhibits and programs 4:05 p.m.
- Utah concert calendar 4:05 p.m.
- Cave to be sealed with body inside
- Predicting the unpredictable: BYU wins
- Vegas, Poinsettia bowls or bust
- Glover gives Utes last-second upset
- BYU football: 5 keys to victory
- Cougars turn back Wildcats'
- Running game key to BYU offense
- Man trapped in Nutty Putty cave dies
- Woods, wife unavailable for interview
- Idaho woman dies after fall
- BYU would like friendlier rivalry
272 - Thunder rolls by Jazz
136 - Letters: Rushing to judge Palin
134 - Boys basketball rankings
134 - Editorial: Poor welcome for Palin
113 - Cave to be sealed with body inside
113 - Man trapped in Nutty Putty cave dies
112 - Letters: Trump card for believers
98 - Rivalry Week is highly profane
88 - Utah, BYU are top choices for bowls
76
If you're shopping online for gifts, take care. While there are some...
...no result BYU owns Utah!!!!
I was so sad when Jordan died, but I am now excited to read the latest...
I loved this book! It was a return to the old story. Finally, I am enjoying...
There is something wrong with ethics?
Great review, great story.
Bill Gates and Warren Buffet ought to buy a stake on the 60 billion debt and...
least entertaining rivalry game in a long time
"Cheez whiz not authentic?" Ha ha anyone that is truly from Philly (like...
I know a definition for rich people. Anyone who makes more money than me is...
Condolences to the Jones family-especially his wife and two children. Many...

