"From the Ground Up" piece on how Maine leaders should strategically capitalize

Authors

Scott Tompkins

Source

Mainebiz

Date

7-25-2005

Pages

41

Abstract

"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.

Subjects

Taxation, Tourist trade, BSSN Resources LLC, Cumberland County

Recommended Citation

Tompkins, Scott, ""From the Ground Up" piece on how Maine leaders should strategically capitalize" (2005). Maine News Index – MaineBiz. 3290.
https://digitalcommons.portlandlibrary.com/news_mainebiz/3290