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Showing posts with the label Advanced Manufacturing Center U of M

"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...