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New Mexico gov. eyeing business tax cuts to spur economy

Officials in the Martinez administration say they are considering cutting taxes on small business gross receipts and corporate income as a means of creating jobs in the state. The tax on gross receipts averages at about 7 percent throughout the state. One proposal being considered would eliminate gross receipt taxes for business with a tax liability under $200 a month, which could benefit about 40,000 businesses in the state
Jul 31, 2020

New Mexico gov. eyeing business tax cuts to spur economy

New Mexico gov. eyeing business tax cuts to spur economy

Officials in the Martinez administration say they are considering cutting taxes on small business gross receipts and corporate income as a means of creating jobs in the state. The tax on gross receipts averages at about 7 percent throughout the state. One proposal being considered would eliminate gross receipt taxes for business with a tax liability under $200 a month, which could benefit about 40,000 businesses in the state
Officials in the Martinez administration say they are considering cutting taxes on small business gross receipts and corporate income as a means of creating jobs in the state. The tax on gross receipts averages at about 7 percent throughout the state. One proposal being considered would eliminate gross receipt taxes for business with a tax liability under $200 a month, which could benefit about 40,000 businesses in the state
Jul 31, 2020

Cain ad makes false claims, EPA says

Cain ad makes false claims, EPA says

A television ad from Republican presidential candidate Herman Cain, running statewide on radio and the FOX News Channel, erroneously claims the Environmental Protection Agency wants to regulate methane from cattle and dust from farming activities. The ad features a number of farmers, one of which says the EPA wants to regulate methane coming from cattle. “For thousands of years, 60 million buffalo roamed these prairies in Iowa,” one farmer says.
A television ad from Republican presidential candidate Herman Cain, running statewide on radio and the FOX News Channel, erroneously claims the Environmental Protection Agency wants to regulate methane from cattle and dust from farming activities. The ad features a number of farmers, one of which says the EPA wants to regulate methane coming from cattle. “For thousands of years, 60 million buffalo roamed these prairies in Iowa,” one farmer says.
Jul 31, 2020
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