The art of compromise
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By Carter Bundy Politics is often called the art of compromise. This year, one of the most hotly debated, controversial and expensive proposals in state history, tax increment financing (TIF, whose vehicle is known as tax increment development districts, or TIDDs) is ground zero for New Mexico politics. So is there room for compromise? On one side are developers, most of whom, to their credit, have outstanding plans for mixed-use, smart growth. These developers want taxpayers to foot the bills for the entire infrastructure costs of their developments. Continue Reading