Kestrel Aircraft eyeing Wisconsin for new mfg. facility This story tells the story of what is happening not only in Maine but in this country. At some point one state had the grand idea of offering large company's tax breaks to locate in their state which grew to a competition among the states, led by the transfer of wealth to the federal government, which then is re-distributed back to the states. Not only do the states have to offer state tax incentives but federal money as well and the ante keeps going up as each state tries to have the competitive edge over the other. This article doesn't explain why the MRRA lost it"s federal funds to grant to Kestrel Aircraft . I guess Maine Biz either has no curiosity or doesn't believe that the tax payers need to know. Could it be because the legislature chartered the MRRA as a "municipal corporation" and then chartered it as an "instrumentality of the state" creating complications for federal fundin...
Examining the Fundamental transformation of the American political system that originated in the political philosophy preserved by Publius in The Federalist Papers. This blog was originally published as Main Street Economy and focused on legislation passed in the state of Maine "inspired" by similar laws passed by other states which collectively constitutes a fundamental transformation of the American political philosophy within state incubators.