•    Gov. Martinez finally says Okay to medicaid money and No to "right-to-work."  Is this the kind of veep Gov. Christie will be seeking?  Has Martinez changed her take on what the Republican Party will look like in 2016?

    •    Despite turnovers, missed free throws, and 39% shooting, Lobos toughness results in huge Pit win over ranked UNLV.

    •    Vanilla Ice and Naughty by Nature coming to town--but the town is…………………….Hobbs!

    •    Those false alarms on your home security system could cost you $150 each.
    •    Today on Craigslist:  "i have the key to the scooter that you took. i know you will want it to open the gas tank, since you are almost outta gas.  you know where you took it. just knock on the door and i will give it to you.  thanks!"

    •    KOB:  New Mexico "a desert island of lost jobs." Amazing map of surrounding states.  How will the Governor spin this?

    •    Rio Rancho man loses memory.  Can't remember how or why he ended up in a Colorado McDonald's.

Views: 257

Comment by Benny the Icepick on January 10, 2013 at 9:25am

I gotta stop reading the comments on those KOB articles.

Re: Missing Rio Rancho man - Breaking Bad fugue state anyone?

Comment by shotsie on January 10, 2013 at 12:52pm

So, if  "Gov. Susana Martinez on Wednesday said that a push this year for legislation banning labor agreements that require workers to join labor unions would be fruitless and probably interfere with her proposals to lower corporate income taxes and improve schools."  and   "

  • Trim the state’s corporate tax rate from 7.6 percent to 4.9 percent
  • Appropriate nearly $5 million for job training incentives, which can be used as a recruiting tool to attract companies
  • Invest $10 million in Local Economic Development Act funding to help local governments pay for land acquisitions or infrastructure needs
  • Give small businesses a tax credit for each employee they hire and retain during a two-year period."

Just how do you pay for education improvements, tax credits & incentives, if you cut the tax rate for corporations?  Where in these articles do they post how much revenue the state would lose if you lower the rate?  So we'll get less from lower oil prices, and less from corp taxes - hmmm - maybe Susanne is thinking we'll get by with increased Medicaid payments (until she moves on...)

Comment by misterhinkydink on January 10, 2013 at 1:38pm

The Hobbs marquee reads 'Puppet Show and Vanilla Ice'.

Comment by RunLikeADog on January 10, 2013 at 2:38pm
Basic economics dictates that you need a working population to generate revenue for the government. When you tax businesses more than your neighboring States, you will lose business to them and your revenue will fall. Thus the government will have to budget for the lack of funds, something that NM is not good at.
Comment by ramon t on January 10, 2013 at 2:50pm

Corporate Tax Rates

AZ 6.968%
CO 4.63%
UT 5%
OK 6%
TX does not have a corporate income tax but do have a gross receipts tax with rates not strictly comparable to corporate income tax rates. See Table 18 for more information. 
NM 7.6% on over $1MM (which most corporations moving jobs would be in)

According to the Tax Foundation the states mentioned rank as follows with regards to 2013 Business Tax Climate

TX #9

UT #10

CO #18

AZ #25

OK #35

NM #38

Comment by Adelita on January 10, 2013 at 7:52pm

That's hilarious misterhinkydink!  Straight out of Spinal Tap!

Comment by Granjero on January 12, 2013 at 2:01pm

I always thought it was funny that the same people who complain that we're not giving Hollywood enough tax incentives to film here because it would create more jobs are the same people complaining that were not taxing corporations enough.  When the film industry jobs would be minuscule compared to the amount of jobs created if we were a corporate friendly state.  

I say this as someone who spent 6 hours waiting in a line to get my shot at a minimum wage job with Target along with 2000 other folks!

Comment by Granjero on January 12, 2013 at 2:04pm

Also, union fees to me amount to the same as paying someone to let you work. Don't get me wrong, I'd give my left... toe... for any job right, union or otherwise, but I'd much rather have the option of not joining if I wanted to. 


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