Loopholes, Land Use and Call for Heroes
‘Swiss Cheese’ Tax Code Creates Budget Woes: NMBC has been an advocate for a complete re-write of the current New Mexico Tax Code. Here is an excerpt of NMBC’s 2016 Tax Policy Objective:
The tax code should be completely rewritten based on the impact on business growth and expansion of private sector jobs without harming individuals and retirees. Tax exemptions for certain industries and businesses indicate tax code deficiencies. A clean, fair tax code will promote business growth, employment, increase state revenue and make New Mexico more competitive with surrounding states.