U.S. Marshall Conrad Candelaria provided a moving keynote speech honoring heroes at the New Mexico Business Coalition's annual Heroes luncheon. The event sold out twice, but the Marriott Pyramid came through and made room for everyone. Read the front page ABQ Journal article HERE.
Farmington to Raise Taxes: The Farmington City Council just approved a tax increase to begin in January 2016. This will offset the hold-harmless payments that will be phased out by 2030.
Google is Leaving NM after announcing it would pull Titan Aerospace out of Moriarty. New Mexico invested $1 million in infrastructure and an additional $141,000 in Job Training Incentive Program (JTIP) funds. Google has agreed to repay the infrastructure investment which will be available for a future tenant.
The ABQ Fair Workweek Act will do ZERO Good for Employees and Businesses: Albuquerque City Councilor Ken Sanchez has asked for a fiscal and economic impact analysis to be conducted before further action on the ‘Fair Workweek’ ordinance is taken. That’s good news. Hopefully the council will be able to see that the proposed ordinance will hurt businesses, jobs and our economy. The NMBC will continue working against this ordinance and will monitor the proceedings.
The New Mexico Business Coalition is proud to announce the 2015 Heroes:
2015 Hero of the Year: Officer Lou Golson
Is the American Dream Dead? As the debate continues over minimum wage, the news is not always good and the outcome not always as intended. Seattle is suffering unintended consequences from some of those receiving increased wages requesting fewer hours so they can continue to collect welfare benefits.
Albuquerque Marriot Pyramid
August 27, 2015 11:30 am
Introducing
New Mexico Business Coalition
Albuquerque Police Department
Officer Lou Golson
The Truth Should Lead the Conversation: The NMBC Energy Summit on July 1 was successful in bringing out facts about the extreme environmental agenda in opposition to the extraction and use of New Mexico’s natural resources. An attendee of the event wrote to the Albuquerque Journal last week to give his take on this article.
The IRS to Penalize Small Businesses who Reimburse Employee Healthcare Costs: The IRS initiated a new rule effective July 1, 2015 that could crush many small businesses. The 'excise tax' affects employers who do not offer a group health plan (which is not required for companies with less than 50 employees), but give their workers additional pay to compensate for the purchase of health insurance or direct medical expenses.