Amid platitudes, tax reform in the air

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By Harold Morgan

To conclude from the New Mexico Tax Research Legislative Outlook Conference that tax reform is in the air, as did one report, is to vastly overstate reality. A more grounded reaction to the legislator and interest group discussions is that conversation about conversation about tax reform might be in the air.
First, the speaker platitudes and obvious generalities.
Mark Lautman, economic development consultant to the interim Jobs Council committee: For economic development in New Mexico, “we need to make some big changes.” The biggest problem is “just defining the term…Ultimately economic development means to grow your economy a little faster than your population.” And best of all, “You can’t plan an economy. Everybody knows this. But you have to.”
Fred Nathan, Think New Mexico, about some proposals by his organization: “The focus ought to be on solutions rather than ideology. Broaden and strengthen the private sector economy. Create a climate for all businesses to be successful.”
Rep. Tom Taylor, R-Farmington, member of a panel of legislators: “Tax systems are just that, systems. We need to have a complete understanding of our economic system.”

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