Monthly Archives: February 2019

Taking a closer look at economic development incentives

Written by: Peter Reichard

Necessity is the mother of invention. Back in the 1950s, California policymakers were faced with the challenge of coming up with matching funds for federal redevelopment grants. They concocted a revolutionary idea: They would set the pre-development property tax revenue from the subject site as a baseline, then use the new incremental revenue generated as a result of the redevelopment as a means of financing the local match. Local taxpayers wouldn’t be asked to pay … Continued

Utah Thrives – Tax Modernization

Written by: Dan Bammes

What did Utah’s governor mean when he told the Legislature that tax modernization is his top priority for this session? What’s not modern about our tax system — specifically, sales taxes? In this edition of Utah Thrives, we’ll hear what the governor had to say on the subject as well as from Research Analyst Christopher Collard, the author of Utah Foundation’s award-winning studies on sales, property and income taxes in Utah. And we’ll hear from … Continued