To the Editor:
Early in my service in our Legislature representing part of Bath and nearby towns, we first faced the subject of tax-increment financing. TIFs were passed with little objection.
Recently, our Bath City Council has had to face it, too. The word “increment” means an increase in quantity or value. Small local businesses were supposed to be helped, rather than big businesses like Bath Iron Works.
Perhaps our Legislature will now think about the expense and misuse of TIFs, as California has done, and put our public funds back where they were meant to be.
Maria Holt
Bath
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