We must reform the gross receipts tax. It’s one of the worst in the country. Having a gross receipts tax instead of a sales tax, that scares businesses away. – Governor Martinez in remarks Thursday at the annual meeting of the New Mexico Tax Research Institute announcing that tax reform will be part of the…
Month: April 2017
What powers the U.S. electric grid of the future?
The Trump administration’s well publicized push to roll back President Obama’s Clean Power Plan, including Energy Secretary Rick Perry’s grid study intended to boost coal, are not going to revitalize the coal industry. The evolution of the U.S. electric grid from baseload coal plants to more renewable energy is not so much due to a…
Crib Sheet: April 25th, 2017
Market forces are driving a rapid evolution of energy resources, and the current data clearly supports the replacement of the coal in our portfolio with an energy mix that includes more renewables and natural gas as the best, most economical path to a strong energy future for New Mexico – PNM CEO Pat Vincent-Collawn in…
Crib Sheet: April 20th, 2017
We’re not going to not fund higher education. That is extremely important to the Legislature and to me. We set it aside because I didn’t have a balanced budget. Since I didn’t have a balanced budget we had to set things aside. And then we’re going to put it back, of course, the [funds for]…