Tag Archives: economic development

Interim Day: Panel hears reports on government-centric economic development

In today’s Economic Development and Workforce Services Interim Committee meeting at the Utah State Capitol, the committee heard reports from various state government economic development agencies, including reports from the Office of Tourism and the Film Commission. The Office of … Continue reading

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Economic gardening arrives in Utah

Economic gardening – an entrepreneur-centered approach to economic development – has arrived in Utah and could lead to hundreds or thousands of new home-grown jobs. The National Center for Economic Gardening (NCEG), an affiliate of the Edward Lowe Foundation, has … Continue reading

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S.L. has enough room for a convention, but not enough cabs? Hmm …

In a recent KSL article about the Outdoor Retailer show possibly relocating outside Salt Lake, the head of Visit Salt Lake said the following: Salt Lake has enough hotel rooms and convention floor space, but Outdoor Retailer wants 900 taxicabs, … Continue reading

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Pew: Utah is ‘trailing’ in evaluating tax incentives

Utah is fortunate that Governor Gary Herbert and the Legislature have made significant efforts to improve Utah’s economy and lessen government’s involvement in the free market. We hope they will continue these commendable efforts by closing a gap in Utah’s … Continue reading

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Going upscale in downtown S.L.

Five years ago backhoes started ripping two old, not-so-upscale malls and surrounding buildings in downtown Salt Lake City into rubble. Now, after an immense amount of construction, the new City Creek Center is open. City Creek is remarkable not only … Continue reading

Posted in Economic Development, Free market | Tagged , , | 1 Comment

Economic gardening could sprout with help from new task force

Governor Gary Herbert has signed HB 28, a bill that will form an Economic Development Task Force to find ways to improve Utah’s economy. Economic gardening is one topic that the new task force may address. Watch this video to … Continue reading

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Video: Sandy favors Scheels with $16.8 million tax deal

In January, we wrote about a special 25-year tax deal that Sandy has offered to Scheels, a sporting goods store. Watch this video report to hear what representatives from Sandy, Sutherland Institute, and a local business competitor had to say … Continue reading

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Video: Behind Costco’s Spanish Fork deal

  What if your next-door neighbor were able to pay zero sales taxes for 18 months ($2,000 for the average Utahn) and zero utility bills for four years – and you had to subsidize this arrangement? As we reported two … Continue reading

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Sandy favors retailer with a tax break – for a quarter-century

  Last Friday, we highlighted a special tax deal offered to Costco by Spanish Fork. Today, we highlight another deal offered in Sandy to Scheels, a sporting goods superstore, and analyze the rationale used to justify these kinds of deals.[pullquote]Government … Continue reading

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Costco deal unfair to other Spanish Fork businesses

  How would you like to pay no sales taxes for 18 months and no utility bills for four years? Sounds like a sweetheart deal, doesn’t it? Well, it is for Costco in Spanish Fork. The city has offered Costco, … Continue reading

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To grow Utah’s economy, start at home

  We have been critical of many of the state’s economic development programs designed to lure large corporations to Utah. For example, see here and here. But any legitimate critique of policy should be accompanied by a reasonable alternative. Today, … Continue reading

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Utah Governor’s Office of Economic Development gets a D+ for transparency

This morning, I arrived at the Governor’s Office of Economic Development (GOED) to attend a GOED board meeting at 10 a.m. No one was there. Apparently, the meeting had been postponed until May 26. The funny thing is that I … Continue reading

Posted in Economic Development, Transparency | Tagged , , | 2 Comments