Developing a vibrant, diverse private sector economy is critical to getting New Mexicans back to work. While our national labs and large, multi-state corporations are important to our economy, 98% of New Mexico businesses are small or medium sized with less than 100 employees. To create jobs, policy makers must focus on our local businesses and give them the tools they need to grow and compete.
Key to the success of any small business is a fair tax code that lets it compete with the multi-state competitors down the street. Unfortunately, in New Mexico, our tax does the exact opposite.
Under the guise of “economic development,” we are the last western state that allows national chain stores to expense profits to other subsidiaries and avoid paying corporate tax. A mom and pop retailer pays its fair share, usually 4.9% as a pass through tax entity. Yet the “big-box” chain down the street can pay little or no tax.
If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.
Click the question mark below to see where your account ID appears on your mailing label.
If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.
| ZIP Code: | |