Governor and LFC propose similar budget fixes
Governor Michelle Lujan Grisham (Photo By Bill Clark/CQ Roll Call)

Governor and LFC propose similar budget fixes

On Wednesday the office of the Governor and State Legislative Finance Committee unveiled thier proposals for fixing the the $2 billion deficit in New Mexico’s budget. Both plans offered solutions…

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Property tax due date remains the same
Image by wal_172619 from Pixabay

Property tax due date remains the same

Bernalillo County's treasurer says there are no planned deadline extensions for property tax payments amid the Coronavirus pandemic. The next deadline of May 10th is still in effect. Treasurer Nancy…

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Are taxpayer funded job incentives a good investment?

People often ask if NMBC supports Job Training Incentive Program (JTIP). Quite honestly, JTIP has rarely been a good thing for New Mexico. While NMBC can support the concept of what was designed to provide on-the-job and classroom training that reimburses for 50 to 75 percent of wages for newly created jobs, it seems we just have not found an effective way to manage it. New Mexico is really good at giving away taxpayer dollars, but we often get nothing for it.

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Call to Action – Stop the ABQ GRT increase

Albuquerque City Residents: The Albuquerque City Council will vote tonight regarding a three-eighths of one percent (.375%) Gross Receipts Tax increase. We are asking you to show up tonight to speak against this tax increase or, in the alternative, write to the City Councilors and voice your objection.

The facts are simple. This tax increase is: 1) Detrimental to business growth and job creation; and 2) It is especially difficult for low-income and senior citizens on a fixed income. If Albuquerque wants to grow and get out of this financial crisis it is now in, the answer is to broaden the tax base by encouraging business growth and relocation, not driving it away and trying to take more from those who live and work here.

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Proposed GRT Tax Increase

Did you hear about the proposed City of Albuquerque tax increase? It's true, ABQ City Councilors Trudy Jones and Ken Sanchez have proposed a $55 million dollar (estimated per year)…

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