In this article from the Portland Press Herald , we find this sentence: Brennan ( Mayor of Portland) would also like to see a bill passed to allow regional tax increment financing, an incentive for economic development that returns property dollars to developers or regions without affecting state subsidies for education and the like. I am guessing that what they mean is "Brennan would also like to see a bill passed to allow regional tax increment financing, an incentive for economic development that returns property taxes to developers or regions without affecting state subsidies for education and the like." In which case it looks like a direct attempt to use linguistic cloaking to cover up what they are actually aiming to do. Regional tax increment is a term that means using future projected property tax revenues to finance development. However it is often overlooked that with increased property tax revenue ,the need for municipal services als
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.