S.L. County willing to commit tax money to Draper high-tech project

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  • JosephHuntington MIDVALE, UT
    Feb. 5, 2013 3:22 p.m.

    I am pleased to see Utah embracing the marriage of government and business. Obama has been such a fine catalyst. I am a very proud taxpayer.

  • stevo123 slc, ut
    Dec. 22, 2012 1:08 p.m.

    Giving hard earned tax dollars to Terry Diehl? Now thats a huge mistake.

  • Makid Kearns, UT
    Dec. 22, 2012 8:16 a.m.

    My2cents, I don't think you understand how these types of partnerships work.

    First, the County will continue to receive the tax rates for the value of the property at the current level.

    Second, the County will also receive 25% to 30% of their share of the new value of the property as construction starts and as the value further increases until the agreement ends when they then receive 100% of their share.

    So, to put this in numbers. If they are currently getting $10.00 in taxes, they will continue to get this. If the value of the property at full build should give the County at 100% $100.00, this means the County would still receive the original $10.00 plus $25.00 or $30.00 for the new value for 30 years.

    So, we have the County getting between $35.00 and $40.00 a year rather than $10.00. That is how these type of agreements work. The County will never go below their current taxing level in the area. It is only based on the increase in value.

    One other thing, the land in this area is stable, unlike the Corner Canyon area.

  • My2Cents Taylorsville, UT
    Dec. 22, 2012 2:53 a.m.

    This is absurd, was this an Obama mandate? The people of Utah are fed up with government getting over invloved in private business and their fraud and scams and forcing the citizens to pay higher taxes so our government leaders can put the employee's and business owners on the state welfare system.

    Government has expanded itself way beyond its ability to serve and fund, has become a political game of manipulation of lies and deception. Business moving to Utah for the graft and tax free labor the governor is paying them. Unemployment including welfare employees is a "double digit" lie. The only difference in welfare fund and unemployment funds is that unemployment is taxable unearned income. The tens of thousands of the employed "welfare" workers and the business are exempted from paying taxes. We don't have anymore unemployment funds so this adds thousands to the welfare dependents.

    Not only the funding fraud frenzy permeating the governors office, Draper is not the place of choice to build a business where the ground is too unstable and slide prone. And how many thousands more people can we put on welfare before it bankrupts the state?