| Show T Tax fax x Burden Increases s Listed By Foundation in Report will pay an estimated million in federal state and local taxes during 1960 accordIng accordIng accord accord- Ing to calculations just released by Ut Utah h Foundation the private nonprofit tax research t atlon I. I The round Foundation rex report rt Indicates that the expected 1960 tax take is equal to about one third of the total personal Income received by all Individuals in the state stale Nearly two thirds or I million of the total tax load for 1960 will wilt be for federal taxes according to the study State I taxes tues are expected to equal million while local taxes will willI total about 81 million I The tax research group observes observes observes ob ob- ob- ob serves that the 1960 1000 tax burden In Utah will be equal to slightly more than for every man woman and child residing in th the state stale Thus an average family of four persons can cnn expect to pay about 2400 In taxes during the year I Foundation analysts analyst hasten to point out that included in these total tax are estimates for hidden hidden hid hid- den don taxes faxes such as ns excises and corporation taxes which usually are passed on to the consumer in the price of goods and services Taxes were boosted at every level of bf government this year the I study continues Federal tax ln In creases include higher Social Security and federal motor fuel taxes At the state level the sales sates tax was extended to services a general withholdIng withholding withhold withhold- ing tax was imposed and the state property tax for schools was increased Locally higher property tax rates were applied and a new new Vt sales tax was put into effect in some communities The overall increases in total taxes during 1960 are arc expected to average overage 18 at the federal level 17 at the state level and 9 at the local level |
