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…
New Mexico Business Coalition Calls on Governor to Protect Employers From a Tax Increase Caused by COVID-19 New Mexico (March 17, 2020) — New Mexico Business Coalition (NMBC) today announced…
A bill that would have raised the state’s gasoline tax from ¢.17 per gallon to ¢.47 per gallon was tabled in the House Appropriations and Finance Committee Monday evening with…
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.
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.
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)…
Special Session starts tomorrow: There’s been a lot finger-pointing, name-calling, and postcard mailers with bad information over the past two months. Now, it’s time to take a breath, pray for a short and successful session, and move on to productive business!
We should be New Mexicans first with the desire to move our state from its dismal statistics to the greatness we all know is achievable. We won’t get there with animosity and blaming. Take the time – right now – to send an encouraging note to your senator and representative and tell them you would like to see a short special session that ends with a budget that works for all New Mexicans.
Sugar Tax Vote in Santa Fe – is Your Community Next?
It’s Election Day for some parts of the state from Santa Fe to Las Cruces and Voter turnout is expected to be high: The much debated Santa Fe ‘Sugar Tax’ will be decided today and early voting has brought out a record number of voters. For those voting today, NMBC encourages voters to notice these red flags: 1) The tax is regressive, that is, it would disproportionally hurt low income working families; and 2) Out of state billionaires and special interest groups have put hundreds of thousands of dollars into trying to influence voters to approve this tax. More reasons for Santa Fe voters to reject the sugar tax can be found HERE. A sample ballot and voting locations can be found HERE.
Farmington Energy BASH with Secretary Ken McQueen, today
Last chance to register for the Farmington Energy BASH (Business and Social Hour), featuring Ken McQueen, Cabinet Secretary, Energy, Minerals and Natural Resources. Seating is limited; 5 seats left. ONLY pre-registered guests will be admitted. Register here.
High interest for the ENERGY BASH by The Farmington Daily Times, read the article here.
Legislative wrap up by NMBC President, Carla Sonntag. Carla will give a summary at the Energy BASH of the good, the bad and the ugly including bills that would impact taxes and energy production in New Mexico. Read more here.