Local Economic Development: Importance of the Sales Tax and Other Factors
Written by: Stephen Hershey Kroes
Utah Foundation and the University of Utah’s Center for Public Policy & Administration (CPPA) have released a joint research report examining the factors that affect local economic development. This report initially set out to examine the influence that the sales tax has on local economic development. However, it became apparent that while the local tax structure does bear on city officials’ economic development decisions, there are many other, sometimes more influential, factors that affect local … Continued