We did It ! Boothbay is NO Brunswick! TIFs transform the purpose of property taxes from covering expenditures of municipal services into risky capital investment funds designed to eventually replace many of the current property owners with a wealthier class of citizens. Beware our nearby neighboring town which has the audacity to call itself The Midcoast Regional Redevelopment Authority. Who gave this town such authority? Certainly not the Maine State Constituion ! The little town of the MRRA is funded by state and federal taxpayer dollars but cannot even provide for its own municipal services! It uses the political clout of concentrated wealth for its own economic development all designed to benefit the legislature "targeted sector" ie- the "above average" economic sector" . The MRRA is not governed by the Maine State Constitution but by the Rule of Law of Global Capitalism. Don't let the MRRA and/or their ilk turn the Boothbay Peninsula into the ex...
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.