Mahon Comments In Report On Business Climate

Comments from UMaine business professor John Mahon were included in an MPBN report about the news that Maine’s tax climate for new business investment was ranked No. 1 in the nation in a report from Ernst & Young done for the Council on State Taxation, a trade group representing multi-state corporations. Mahon said the report may cause corporations to give Maine a second look when considering where to do business. However, Mahon said, the report leaves out too many factors, including account excise taxes, worker’s compensation, health care costs, unemployment insurance taxes, cost of labor or utility costs, to be useful.

Contact: Jessica Bloch, 207-581-3777