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Show UTAH'S INCOME STUDIED BY FOUNDATION I Government was the largest, single source of personal Income in Utah last year, according to a; report just released by Utah Foundation, the private, nonprofit non-profit tax research organization. "Government income disbursements disburse-ments (Federal, state and local) in the form of wages, salaries, and benefits totaled $282,000,000 1 or nearly 25 per cent of all Utah personal income during 19ol," the report continues. This percentage was nearly 50 per cent higher than the average for the nation. Only two other states (Virginia and New Mexico) derived a larger larg-er proportion of their personal income from government sources in 1934. The study mentions that Utah's per capita income (total personal income divided by state population) popula-tion) declined about $20 last year from $1,053 in 1953 to $1,483 in 1954. However, this slight decline in per capita in come was offset by reduced Federal Fed-eral income taxes which went into in-to effect last year. Thus, the average av-erage disposable income remained remain-ed about the same both years. Utah's per capita income was below the average for the nation, the Western States, and the Mountain States, the Utah Foundation Foun-dation report said. During 1954, I Utah ranked 31st among the 48 states in per capita income, which was nearjy $200 below the average for the nation. Foundation analysts point out that only two of the eight Mountain Moun-tain States, and the 11 Western States had lower per capital incomes in-comes than Utah last year. Utah's average income was $128 below the average of the eight Mountain States and between $275 and $079 less than the averages av-erages of the Pacific Coast states. |