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Show Business up in Iron County abandon the general tax rebate program which was started in 1979 but was temporarily suspended in 1980 when state revenue fell below expectations. flation rate, the effective sales volume actually declined by 5.9 percent last year in the state. This followed a decline of 0.5 percent in adjusted sales volume during 1979. Foundation ' analysts pointed out that this slowdown in business activity during the past two years has created some serious financing problems for state and local units in Utah which rely on the sales tax as one of their major revenue sources. Allocation cuts were ordered in the 1979-80 and 1980-81 state budgets. In addition, the 1981 Legislature was forced to Business volume, as measured by local sales tax receipts rose by 13.9 percent in Iron County last year, according to an analysis just completed by Utah Foundation, a private tax research organization. The study also noted that the inflation rate was 13.5 percent in 1980. According to the Foundation report, gross sales volume in Iron County during 1980 amounted to $104,902,000. This compares with $92,065,000 in 1979, $59,693,000 in 1975, $31,057,000 in 1970, and $20,167,000 in 1965. Throughout the state, business activity, as measured by sales tax receipts rose by 6.8 percent in 1980. Since this was well below the in- |