2012-02-22 / Front Page

Do Pine Tree zones draw jobs?

Economists split on merits of economic development tax breaks
BY JOHN CHRISTIE and NAOMI SCHALIT Senior reporters
MAINE CENTER FOR PUBLIC INTEREST REPORTING
HALLOWELL — Some people call tax breaks for businesses “ economic development.” Others call them “corporate welfare.” In Maine, one of the names they go by is Pine Tree Development Zones. The premise of the program is that some businesses won’t create new jobs in Maine unless they receive tax breaks.
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