On the surface it sounds rather drab and
plain, but for our businesses scattered all across Maine this is something very
substantial. This bill provides $38 million in tax relief to the Maine people
and our state’s businesses as it also supports a predictable and stable climate
for businesses to operate in. Due in large part to our high tax rates and high
energy costs, Maine has developed a reputation for being unfriendly to
business. Passing this bill sends that positive message for those who want to
shed that image and instead show with “proof in the pudding” that Maine
welcomes business and capital investment with our doors wide open.
We also welcome the good paying jobs
that come with those investments. I’ve been on the state committee of
jurisdiction that addresses public policy for business for almost 10 years and
there has always been one certainty of need resoundingly expressed within the
business community: Business wants the continuum of predictability and
consistency that sound state policy can provide. Nourishing capital goes
and grows where it’s welcomed and stays and plays where it’s wanted.
For our presently established Maine
business partners, and for investors looking at Maine as a possible new
business location, alignment of tax conformity isn’t boring or drab! It gives
affirmative testimony to being welcomed and wanted players in a vibrant Maine
economy!
Rep.
Sue Austin represents the people of House District 67 - Casco (part), Frye Island, Gray (part) and Raymond (part)
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