"From the Ground Up" piece on how Maine leaders should strategically capitalize
"From the Ground Up" piece on how Maine leaders should strategically capitalize on tourism by allowing local option taxes on meals, lodging, and car rentals. Such a tax would allow cities to make capital improvements while still keeping Maine's tax rate lower than the majority of tourist centers nationwide. Larry Benoit, a principal of Portland and Augusta-based BSSN Resources, a governmental affairs consulting firm, notes that developer Joe Boulos' proposed Lincoln Center project in Portland, which failed to go forward for lack of such a tax, would have generated more than $20 million annually in new personal income for Cumberland County residents.
Taxation, Tourist trade, BSSN Resources LLC, Cumberland County
Tompkins, Scott, ""From the Ground Up" piece on how Maine leaders should strategically capitalize" (2005). Maine News Index – MaineBiz. 3290.
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