10/12/2026
California is about to hand off $3.4 trillion in inherited wealth. Will any of it come to Utah? 🤔
Over the next two decades, $3.4 trillion will transfer as older homeowners pass assets on. Inheritances give heirs the freedom to choose where their money goes furthest. Although Utah’s appeal is strong, wealthy individuals are eyeing zero-income-tax neighbors like Nevada and Wyoming.
To attract investment, support local businesses, and sustain growth, Utah must rethink income and capital gains taxes.
Read Kristian Fors’s full analysis 👇
Utah’s natural beauty makes it an attractive destination. Its 4.45 percent income tax, on the other hand, is a harder sell.