NMPolitics.net (https://nmpolitics.net/index/tag/economy/page/43/)
Hundreds of people attended a tax-day protest in Las Cruces today. Interestingly, I found the group to be better organized, but the crowd less boisterous, than at last year’s April 15 event. Continue Reading
If New Mexico moves toward lowering its corporate tax rate, say at a rate that moves it from 32nd to the top 20 of state rankings, entrepreneurs will decide to incorporate in the now-more-competitive state of New Mexico, rather than in Arizona or Texas or Colorado. Continue Reading
The four Republican gubernatorial candidates who attended a forum Saturday in Las Cruces agreed on many of the issues that were discussed. But each candidate also talked about what sets him or her apart from the others. Continue Reading
The New Mexico State University Board of Regents voted today raise tuition 8 percent for in-state undergrads and 10.1 percent for non-resident undergrads. Continue Reading
The state’s cash reserves are about to dry up and there’s little reason to believe a good spurt of economic growth will occur this year. That means more budget cuts are coming next summer or fall, plus, perhaps, more tax increases. Continue Reading
Senate Majority Leader Michael Sanchez, D-Belen, says he’s “surprised” by Gov. Bill Richardson’s veto of the food tax approved during the recent special session of the Legislature. Continue Reading
Gov. Bill Richardson vetoed the food tax today in what a news release from his office called “the final legislative action of his two terms as governor.” “I am not willing to put this burden on working families in the form of an unfair tax on food,” Richardson said. Continue Reading
Today I announced a plan to save taxpayers an estimated $450 million over the next five years. During these challenging times, while New Mexicans are being forced to tighten their belts and do more with less, I believe government should do the same. Continue Reading
Many New Mexicans are asking whether Gov. Bill Richardson will line-item veto the reimposition of the local portion of the food tax that was passed during the recent special session. However, once they learn the story behind the food tax’s passage, New Mexicans are more likely to ask instead: “Why wouldn’t Governor Richardson veto the food tax?” Continue Reading
Residents of Mesquite and surrounding areas in southern Doña Ana County will get a chance to meet with a group of senators that include some of the most influential politicians in the state this evening. Continue Reading
Gov. Bill Richardson giving cushy jobs for political reasons? Claiming to cut jobs when he’s really just moving people around so it looks like he’s being fiscally responsible? Say it ain’t so, guv. Continue Reading
I am calling for an immediate joint caucus of House and Senate Democrats. There has been too much difficulty and miscommunication surrounding our attempts to address the budget. Continue Reading
Like most legislators, I am not proud of the fact that we were unable to finalize the budget during the 30-day session. However, the 30-day session was not a complete loss. There were some important issues that I am grateful we did address. Continue Reading
This special legislative session will continue the positive communication that’s occurred among the members of the finance and tax committees. We are moving forward to gain the confidence of the general public. Our focus is on doing this job right to avoid another special legislative session.
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Gov. Bill Richardson announced today that the special session will start Monday, not Wednesday as previously announced. Continue Reading