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"Improved" Seed Capital Tax Credit Ramps Up Benefits For Maine's "Targeted Sector"

Tweet This !! http://goo.gl/BLmk7E Sales Tax Increase for Main Street but An Exemption for The Targeted Sector As Previously reported , the entire retail sector is excluded from the services and redistributive benefits of The Maine Department of Economic and Community Development so why is Mr Douglas Ray, the legislative liaison for the DECD issuing a press release about a sales tax exemption for one of Maine's special interest industries- the aviation industry ? Looks like it isn't the entire retail industry after all- merely Main Street that is excluded. The extension of a sales-tax-free-ride for a favored special interest in the legislature's "targeted sector", comes after recently announcing a new tax hike on the general Maine economy. Championing the sales tax relief for the Aviation Industry is Governor Paul LePage who says "This exemption is absolutely critical to sustaining and building upon the success the industry has already exper...

Big Money, Redistributed Wealth and Legal Opacity Make For Happy Bed Fellows!

TWEET THIS!  http://goo.gl/5l9WdF Section 2 of the Home Rule Amendment ( Construction of Buildings for Industrial Use), was added to the constitution as section 8-A of Article IX in 1962 Home Rule Section 2.  Construction of buildings for industrial use.   For the purposes of fostering, encouraging and assisting the physical location, settlement and resettlement of industrial and manufacturing enterprises within the physical boundaries of any municipality, the registered voters of that municipality may, by majority vote, authorize the issuance of notes or bonds in the name of the municipality for the purpose of purchasing land and interests therein or constructing buildings for industrial use, to be leased or sold by the municipality to any responsible industrial firm or corporation. It was relocated under the 1973 codification. According to Marshall J Tinkle : This provision was added to the constitution as section 8A of Article IX...

When the General Welfare Meets The Corporate State in the Halls of Augusta- It's No Contest!

Click on Me! TWEET ME : http://goo.gl/msOtXh In my last post I distinguished Bond Question #6 in support of clean water and public safety, (what ever that entails). I distinguished it as being the only bond that is not destined to underwrite the operations of the unconstitutional corporate state, functions which examined with any level of scrutiny are revealed to be codified in a statutory design of highly manipulative intent, serving the interests of private capitalists and using the public as the pawns in the game. One need only observe that the name of last year's extension of the Seed Capital Tax Credit is called the "Expanded and Improved Seed Capital Tax Credit" as evidence of my opinion. The ONLY perspective from which the Seed Capital Tax Credit can said to have been expanded or improved is from that of the private investors and new class of owners of the means of production whom are the beneficiaries of this bill. For the general Maine taxpayer, this bi...