• Last minute maneuvers before adjournment result in corporate tax cut from the Roundhouse.

• The war on feral pigs moves to Land of Enchantment as feds plan to spend $1M on pilot plan to rid them from New Mexico.

• While they get a $10M civil verdict handed down against them, and a federal investigation for 18 fatal shootings since 2010 causes Chief to step down, let's remember it's a dangerous job they undertake on our behalf. APD officer hospitalized after being shot in lower back overnight.

• Believe it or not, the U.S. Postal Service is hiring. Today's the deadline to apply.

• Home building permits in Rio Rancho are way up. Experts wonder whether lowering impact fees is the cause.

• Congrats to St. Pius X and Hope Christian on their state basketball titles.

• Lobos pegged as 10-1/2 point favorites over first-round NCAA opponent Harvard this Thursday.

• Country legend George Jones to play Rt. 66 Casino this June during "farewell tour".

• As filming for the show nears a wrap, the understudy of Jesse Pinkman's Toyota Tercel that "may or may not" have appeared on "Breaking Bad" will be sold by local auto wholesaler.

Views: 227

Comment by RunLikeADog on March 18, 2013 at 8:57am
Glad to see that Corporate tax rate drop. At least we are in the same ballpark with our neighbor States.

Also,would someone please get Mimi some cheese to go with her whine.
Comment by Phil_0 on March 18, 2013 at 10:21am

If UNM wins their first game, I hope all the Lobos out there will make the most of their opportunity to brag about being better than Harvard...no need to specify in what.

Comment by Benny the Icepick on March 18, 2013 at 12:36pm

Just like I tell people that my dad graduated from Harvard, and neglect to mention that that was the name of his middle school in Cleveland?

Comment by Benny the Icepick on March 18, 2013 at 12:39pm

(Similarly, the whole time my mom went to Notre Dame, the football team didn't lose a single game.  Doesn't matter that the small liberal arts college was all women at the time and didn't have a football team)

Comment by shotsie on March 18, 2013 at 2:01pm

There had to be a backdoor agreement with the  Governor and conservative Dems to push for this bill at the very last second, so no arguments/analysis could be presented.  This is a major cut in revenue that effects very poor counties the most - so what if they can raise local taxes to get the same services - that's not going to happen.  No businesses are going to locate here because we dropped a tax rate on profits, which are very easy to control so there's no profit...

Same tax token - since RR dropped its impact fee starting this Jan, you don't think most home buyers would just wait until Jan to buy?  Good luck paving those roads, RR...


Comment by once banned twice shy on March 18, 2013 at 5:04pm

Yep, I sure am glad that NM is in the race to the bottom with our neighboring states, too, RLAD!

Comment by ramon t on March 19, 2013 at 4:08pm

I don't see why corporations should get away with paying less than individuals...if they are indeed people too. Everyone needs to pay their fair share.

The top tax bracket for Individuals is 4.9%.  The new corporate tax rate is 5.9%, down from 7.6%.

Comment by hettie on March 20, 2013 at 12:05am

Except that state taxes aren't enacted in a vacuum. On top of the taxes paid to states, individuals pay federal tax rates of between 10%, for those making about $9,000/year, and 35%, for those making over $390,000. Despite being 35% on paper, federal corporate tax rates are effectively 12% as a result of corporate tax breaks; some corporations with substantial profits actually pay no taxes because of their ability to manipulate tax code (all shamefully legal as the result of lobbying by --wait for it-- wealthy corporate entities). Frankly, corporations don't need any help from us when it comes to lowering their taxes. And I wonder, as OBTS points out, when do states finally say "enough" in the race to the bottom?


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