Document Type

White Paper

Publisher

University of Maine Bureau of Labor Education

Publication Date

Winter 2006

Publisher location

Orono, Maine

Abstract/ Summary

Many news articles and opinion pieces continue to argue that Maine has a highly unfavorable business climate, which must be changed if Maine’s economic well-being is to improve. Such analyses raise many important questions about what policies are most likely to benefit Maine’s economy, both as a whole, and among the various areas, communities, and population segments within Maine. Increasingly, the health of Maine’s economy, and the level of the state’s well-being more broadly, seem to be equated with the issue of whether Maine has a “friendly” business climate. In turn, the question of a favorable or unfavorable business climate is often presented in terms of how Maine ranks nationwide with respect to its “tax burden,” typically based on data provided to the media and policy makers by the Tax Foundation, a conservative, pro-business think-tank.

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