Another idiotic decision by legislators. So just give the option of paying income tax on the profits. The stores stay open, jobs are retained and more money flows into the state coffers.
Just tell them to raise the price on each car by a few dollars to recoup the loss from Ute t-shirt sales. It's not the first time the Larry H. Miller group has flexed their muscles. They tried to keep Checketts out when he owned Real Salt Lake; they did their utmost to block the stadium construction. Fortunately, they lost. But maybe that was resolved by legislators agreeing to grant them other concessions.But, then who would have an outlet to grind their axe and where would the Larry Miller group go to pad their pockets?
^^ Good.
Larry Anderson was the legislature that pushed the audit through. Larry Anderson was prompted to do the audit by Steve Eliason, who is VP/GM of Miller Retail Properties.
Basically what happened was this:
The State went to Utah, USU and other tax funded universities three years ago and whined that they were costing the state too much money and that they needed to take advantage of their resources to raise money to alleviate the tax burden.
So, Utah, USU and others began doing just that. They rented out halls and buildings, did weddings, and Utah opened the Red Zone stores. They turned a profit (some numbers have the Red Zones being around 3 million for 2013). But, that cut into Miller's profit numbers, so, in true Miller fashion (look at the laws on what days you can sell cars), they shut down Red Zone, as well as the other areas on income for the universities.
[size/HUGE] fixed [/size];757819 said:Yeah, ^^ this is the obvious answer ^^
Why don't they open a tax free UofWalmart next. Then their grads could skip the application process altogether.