Utah and Tax Freedom Day 2012 – Video



17-04-2012 21:31 Tax Freedom Day is the day in the year when you stop paying the government state local and federal taxes, you actually get to keep the money that you start earning. This year Utah's Tax Freedom Day happens to fall on Tuesday, April 17. Here is the script to the video: ROYCE VAN TASSELL: "Tax Freedom Day is the day in the year when you stop paying the government state local and federal taxes, you actually get to keep the money that you start earning. This year is April 17th. Across the country, because you have different tax rates and the progressivity of the Federal income tax, you have a different tax Freedom Day for each state." VOICE-OVER: Royce Van Tassell with Utah Taxpayers Association says this year Utah's Tax Freedom Day happens to fall on Tuesday, April 17, but it's not always on the same date. VAN TASSELL: "It fluctuates back and forth, it depends on tax collections and how strong the economy is and various changes at the state and local level. Between 2004 and 2007 the state enacted a $440 million income tax cut, and so that obviously is going to push things back a little bit." VOICE-OVER: Tennessee has the earliest Tax Freedom Day this year, on March 31, while Connecticut has the latest on May 5. Charlie Roberts, a public information officer at the Utah State Tax Commission, explains how much Utahns will be paying in taxes this year. CHARLIE ROBERTS: "They will be paying almost $15 billion in federal income employment and the state taxes. And for state taxes ...

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Utah and Tax Freedom Day 2012 - Video

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