Preserving The American Political Philosophy

Tweet This   http://goo.gl/br7pv0 Beacon POD Cast June 12, 2015 – The New Markets scam Download file  | Duration: 31:54 | Size: 29.2M In this episode of the Beacon podcast, Maine People’s Alliance political director Ben Chin interviews  Joel Johnson , an economist for the Maine Center for Economic policy, and attempts to make the deliberately-complicated New Markets tax credit scam (through which out-of-state corporations have fleeced the Maine taxpayers of more than $30 million) a little more understandable. This Beacon POD Cast is presented by Mike Tipping, Bangor Daily News Journalist  and Director of the  Maine People's Alliance , who tells us in his introduction that Chin and Johnson are going to "dig a little deeper" into the New Markets Tax Credi t and repeats the ubiqutous media line that one of the reasons why the scam hasn't caused more public outrage and government action is because it is "so deliberately complicated". This line is t...

TWEET THIS !    http://goo.gl/xY1xjz  Published on Dec 4, 2013 Uses New Markets Tax Credits to develop vacant property at Brunswick Landing, a former Naval Air Station managed by the Midcoast Regional Redevelopment Authority (MRRA) , into 79,000 square feet of built-to-suit office and clean manufacturing space for Mölnlycke Health Care. Creates up to 85 new jobs, 90% of which will be hired locally. Category People & Blogs License Standard YouTube License   https://www.youtube.com/watch?v=UVSPFUppE90&feature=youtu.be My Online Comment: Mackenzie Andersen   1 second ago In 2009 the Pine Tree Zone Tax Incentives were fundamently transformed from their original intent to be used for low income high unemployment areas. I did not realize until Representative Beth O;Conner sponsored a bill in 2015 to include the Town of Berwick as a speical zone qualified to recieve Pine Tree Zone corporate welfare benefits that the 2009 tr...

Tweet This: http://goo.gl/t7bJbI   Below is a quote that was passed on to me by an acquaintance who had contacted a member of the media concening investigations into the legal status of Subchapter 12: MAINE NEW MARKETS CAPITAL INVESTMENT PROGRAM  , which is the premise of the legality of a fraud perpetuated on the Maine people as reported as fact by the Maine media and costing Maine tax payers 76 million dollars at the latest telling in this article by Whit Richardson Thanks for writing, and for taking the time to do some digging. What you discovered is true. I don’t believe the Senate voted to approve LD 991 in 2011. Unfortunately, it doesn’t matter as the bill’s language was folded into the budget bill that year. The House and Senate both voted to approve the budget, which means they also voted to create the New Markets program even though the original bill died on the appropriations table. Legislative leadership can fold language into the budget bill any ...