Economic Incentives

Focus economic incentives on creating and keeping jobs in New Mexico, benefiting local businesses instead of out-of-state companies. Tax funded incentives should include strict accountability with defined job metrics and…

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Taiwanese manufacturer is latest to expand operations to NM

Cymmetrik, a Taiwan-based label producer, has been awarded $160,000 in Local Economic Development Act dollars from the state for the creation of 10 new jobs, according to a news release…

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Ascent Aviation to open new facility in Southern NM

Good news from the Department of Economic Development: Arizona-based Ascent Aviation Services will be expanding its operations into New Mexico. The company will be expanding into the Roswell Air Center…

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Read more about the article Do tax incentives encourage development? A new study says no
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Do tax incentives encourage development? A new study says no

A collection of studies coalesced by Forbe's examines the effects of tax incentive programs on development to find out if they are producing the intended results their advocates claim. The…

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