No such thing as a free lunch. (Capital Gains).(as Austin minimizes business incentives)(Brief Article)

At least not for businesses looking at relocating to the Texas capital.

Austin isn't as generous as other cities, at least when it comes to city officials handing out freebies to stimulate growth. That's the conclusion of research recently compiled by Austin Planning Director Austan Librach.

City Council Member Beverly Griffith asked Librach to compare Austin's Smart Growth incentives to those of other Texas cities. Under Smart Growth, the city hands out incentives such as tax breaks or development fee exemptions if businesses and developers …