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Out-of-state firms' interest in Utah still going strong
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I have some concern over the huge incentives that have been approved under Governor Huntsman's watch to attract firms to Utah. While such incentives do play a role when multiple sites rate pretty much the same, I fear that we may be paying huge incentives to companies who would have located here anyway. Fortunately, Utah uses an incentive model that scales incentives to the amount of taxes that a company will pay over time. I do recommend that the economic model for these incentives be independently reviewed from time to time to assure its accuracy since political pressure to show economic success can sometimes influence these models.
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