Boomerang Commerce is out with a report that, while in some ways states the obvious, is worth considering because its recommendations run counter to how many retailers operate.
Because pricing is “a key weapon to increase market share and disrupt the market,” many retailers believe that price-matching is the best way to compete in a dog-eat-dog marketplace. But, the report suggests, it is not always the best way.
Late Friday afternoon, Governor LePage presented his two-year budget tax reform proposal to cut the state’s income tax rates from 7.95% to 5.75% by 2018, decrease the corporate income tax and eliminate the estate tax. The Governor’s Budget Briefing highlights his long term vision for Maine.