| Show 10 ill in Utah Have Incomes Over Only onty about one out or of every ton persons flUng filing a Federal In income come conte tax return In Utah for 1963 reported taxable Income in excess of and approximately one out of every thirty persons had taxable in in- in income come of If more than These were some of the facts disclosed In a Utah Foundation analysis of Federal Income tax returns for oJ the 1963 tax year ThE data used were obtained from a summary of 1963 returns recently p published by the U S Internal Revenue Service The report shows that the average Income per reo re- re return turn in Utah for 1963 was 2849 This compares with average taxable Income of 2984 for the States for forthe forthe the eleven Western States and for the nation u as a whole Foundation analysts point out that a contributing factor the lower taxable income In fn that generally have lar larger er families and more personal exemptions than other states There Was an aVera average e of exemptions per r return turn In Utah compared with In the Mountain States in the Western States and in the United States According to the study the average gross Income report ed on the 1963 tax returns was in Utah In the eight Mountain States for forthe forthe the eleven Western States and for the fifty states of the nation The Utah Foundation analysts analysis observes es that because ot of the greater number of exem exemptions and the generally hIg higher er per per- personal deductions the average taxable Income and the actual tx tax liability Ip in Utah is below regional and national aver averages For the 1963 1903 tax year the avo av- average Federal income lax tax per return was in Utah I in the Mountain States in inthe th the W Western ste J States and in inthe the U S us as a whole The study notes Dotes that the 1983 1963 tax liability was based on the old rates before the 1964 1064 Federal tate rate reductions went Int eCle effect t |
