Title

"News & Issues" piece on economic incentives for businesses in Maine. The Econo

Source

Maine Times

Date

3-23-2000

Pages

13

Abstract

"News & Issues" piece on economic incentives for businesses in Maine. The Economic Development Incentives Commission keeps tabs on money spent on tax incentive financing (TIFs), the Business Equipment Tax Reimbursement (BETR) program, the Jobs and Investment Tax Credit, Research Expense Tax Credit, and job training programs such as the Governor's Training Initiative and the Maine Quality Centers. With a list of the ten largest recipients of subsidies, the amount they received, and the number of jobs gained or lost that year. The cost per job for these recipients was about $150,000; the recommended federal maximum for subsidies is $35,000 per job.

Subjects

Subsidies Taxation

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