“There’s little to no evidence that corporate tax credits, such as the $45 million received by BIW, actually spur job creation or investment,” Mario Moretto, MECEP’s communications director, told me. “But as long as those credits are on the books, we should expect our elected officials to ensure that profitable corporations are upholding their end of the bargain. … This kind of accountability shouldn’t be controversial. It is the due diligence deserved by the Mainers who foot the bill for corporate tax cuts.”
BIW gets a $45 million tax break. It should expect scrutiny.
