Tuesday, June 14, 2005

Transform RDA Law into Variety of Local Incentives

The state legislature's Tax Reform Task Force subcommittee on RDAs meets again this Thursday to continue its deliberations on how to reform Utah's RDA law.

A group of local government officials has been meeting to work out among themselves some recommendations on what to consider. Lincoln Shurtz, of the Utah League of Cities and Towns, has summarized some of the concepts this group last talked about.

Among them:

"In the current national economic development environment, it is imperative for the State of Utah and local governments to create and use well crafted business incentives that are mutually beneficial to the well being of the state, all involved taxing entities, and the targeted businesses."

One I particularly feel strongly about, is "The increased use of tax increment financing for an area's initial development is symptomatic of the lack of economic development tools that exist at the local government level. If additional, well crafted and narrowly tailored economic development tools are made available to local governments, the propensity to use redevelopment tools for initial economic development would wane."

In particular, I think we should be looking at a variety of sources of the funds for these incentives, not just property tax, but also sales tax, income tax, business taxes, and so on. By relying solely on property tax, entities like school districts and special service districts put up the tax dollars for the incentives, and don't see any of the benefits from other tax sources they do not generally benefit from directly.

The local government group will be meeting again next week to further refine these and other proposals.

5 Comments:

At 7:58 PM, Blogger oakleyses said...

replica watches, ugg boots, michael kors outlet, nike outlet, polo outlet, christian louboutin outlet, louis vuitton, christian louboutin shoes, oakley sunglasses, michael kors outlet online, nike air max, michael kors outlet online, tiffany and co, gucci handbags, jordan shoes, louis vuitton, nike air max, ray ban sunglasses, longchamp outlet, ugg boots, ray ban sunglasses, christian louboutin uk, uggs outlet, oakley sunglasses wholesale, uggs outlet, michael kors outlet, oakley sunglasses, cheap oakley sunglasses, polo ralph lauren outlet online, longchamp outlet, replica watches, nike free, longchamp outlet, michael kors outlet online, uggs on sale, michael kors outlet online, prada handbags, louis vuitton outlet, ray ban sunglasses, burberry outlet, chanel handbags, christian louboutin, tiffany jewelry, louis vuitton outlet, tory burch outlet, prada outlet, kate spade outlet

 
At 8:36 PM, Blogger oakleyses said...

true religion outlet, hollister uk, nike roshe, coach outlet store online, oakley pas cher, polo lacoste, nike free run, true religion jeans, mulberry uk, ray ban pas cher, burberry pas cher, michael kors, ralph lauren uk, air max, hollister pas cher, north face, polo ralph lauren, michael kors, hogan outlet, nike blazer pas cher, coach purses, converse pas cher, nike air max uk, nike air max uk, longchamp pas cher, nike free uk, abercrombie and fitch uk, true religion outlet, nike air max, kate spade, ray ban uk, new balance, north face uk, lululemon canada, guess pas cher, vans pas cher, sac longchamp pas cher, michael kors pas cher, michael kors outlet, jordan pas cher, true religion outlet, sac vanessa bruno, sac hermes, nike air force, timberland pas cher, coach outlet, nike tn, louboutin pas cher, replica handbags, nike roshe run uk

 
At 8:37 PM, Blogger oakleyses said...

longchamp uk, wedding dresses, ghd hair, bottega veneta, nike trainers uk, timberland boots, chi flat iron, ralph lauren, vans outlet, lululemon, mcm handbags, nike roshe run, mont blanc pens, nfl jerseys, north face outlet, p90x workout, iphone 5s cases, giuseppe zanotti outlet, nike air max, insanity workout, louboutin, reebok outlet, hollister clothing, asics running shoes, instyler, jimmy choo outlet, mac cosmetics, valentino shoes, iphone cases, s6 case, hollister, abercrombie and fitch, beats by dre, iphone 6 plus cases, iphone 6s plus cases, ipad cases, iphone 6 cases, oakley, soccer shoes, ferragamo shoes, soccer jerseys, nike huaraches, north face outlet, babyliss, celine handbags, hermes belt, baseball bats, herve leger, iphone 6s cases, new balance shoes

 
At 8:39 PM, Blogger oakleyses said...

ugg,ugg australia,ugg italia, moncler, pandora charms, toms shoes, gucci, montre pas cher, ugg pas cher, ugg uk, moncler uk, swarovski crystal, moncler, swarovski, canada goose outlet, nike air max, hollister, ugg,uggs,uggs canada, louis vuitton, vans, coach outlet, louis vuitton, hollister, canada goose outlet, moncler, ugg, ray ban, juicy couture outlet, wedding dresses, supra shoes, doudoune moncler, converse outlet, moncler outlet, converse, louis vuitton, pandora jewelry, moncler, canada goose outlet, marc jacobs, links of london, moncler outlet, louis vuitton, barbour uk, karen millen uk, canada goose, replica watches, canada goose, canada goose uk, pandora jewelry, louis vuitton, juicy couture outlet, pandora uk, barbour, canada goose, thomas sabo

 
At 9:09 AM, Blogger Dalia Alaa said...


. Lucky me I came across your website by chance
http://www.prokr.net/2016/09/water-leaks-detection-isolate-company-qassim.html
http://www.prokr.net/2016/09/water-leaks-detection-isolate-company-qassim.html

 

Post a Comment

<< Home