Utah Taxpayers Association releases annual “Beehive Family” report

The Utah Taxpayers Association has released the 2nd edition of their annual report, titled “The Beehive Family – The Tax Burden of the Bob and Brooke Beehive Family”. The report examines the annual tax burden that the typical Utah family pays based on current tax policy and tax rates for the 2021 tax year. It’s 24.75%.

The report, using the five-member Beehive family as an example, examines the state and federal tax burden across income, property, sales, and other taxes to help illustrate the annual tax burden of a “typical” Utah family. The report has been created using data from the U.S. Census Bureau and several publications by the Utah State Tax Commission. Income and spending patterns have been taken from both locally and nationally collected data. The Utah Taxpayers Association made the calculations using the most recent data available. 

“We are excited to once again provide this report to help educate and inform taxpayers, policymakers and elected officials about what the typical family pays each year in the various categories of taxes that we have in Utah”, said Rusty Cannon, President of the Utah Taxpayers Association. “Taxpayers might be surprised by the amount of taxes that they pay in the various areas of income, property, sales and payroll taxes. In 2021, relative to the previous year 2020, this typical family saw a reduction in federal income taxes, a small reduction in state income tax and higher property taxes. By far, their highest tax burden continues to be federal social security and medicare taxes, also known as payroll taxes or self employment taxes. That makes up over 56% of the taxes that the typical family pays. The Beehive family report will continue to help inform policymakers how proposed tax legislation will affect the typical Utah family going forward.”

The report can be found at: https://utahtaxpayers.org/wp-content/uploads/2022/04/2022-Beehive-Report.pdf