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‘Magic,’ passion, comfort with risk key ingredients in business success

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Borrowing money to start or build a business entails taking risk — not just for the lender but also the borrower. But unless the entrepreneur has rich relatives or massive savings to draw on, securing capital usually requires multiple loans over many years to start and expand a business.

Daven Lee has tapped into New Mexico’s many small-business resources over nearly two decades to turn Love + Leche from a home-based maker of handmade soaps and lotion bars — made with milk from her own goat herd and other natural products — for retail sale into a viable year-round business that gets about half its revenue from wholesale markets throughout the U.S. and in Mexico, England and...

Lowest-income NM taxpayers pay 1.8 times the wealthiest

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ALBUQUERQUE — A new study released Oct. 17 by the Institute on Taxation and Economic Policy finds that the lowest-income New Mexicans pay a state and local tax rate that is almost double what the state’s wealthiest residents pay as a share of their income.

The study, Who Pays? A Distributional Analysis of the Tax Systems in All 50 States, analyzes tax systems in all 50 states. The analysis evaluates all major state and local taxes, including personal and corporate income taxes, property taxes, sales, and other excise taxes.

“Taxes are the way we accomplish great things for our state – build our schools and infrastructure, provide health care and public safety, and more,” said...

Set Apart for a Purpose

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“Sanctify them in the truth; your word is truth. As you sent me into the world, so I have sent them into the world.” John 17:17-18 (ESV)

In Jesus’ final hours, He prays for His disciples (those who follow Him with their lives). We can learn from this prayer Jesus’ priorities from what he asks of His Father in Heaven.

In our modern world, we seldom use the term “sanctify” or “sacred,” and it would help if we understood it better. To “sanctify” something is “to set apart for a sacred [holy] purpose,” “to make it free from sin.” Yet this still leaves the word a little foreign to us. Therefore, let us consider a similar example from the medical world as an...

Zuni Pueblo artists take a stand for Native American art authenticity

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In the center of the Universe sits the Pueblo of Zuni. Here all things exist in an intermingling balance represented best by the pueblo’s artwork. Using the gifts of the Earth, Zuni Artists transform natural materials to tell the story of their people.

Zuni Pueblo artists are internationally recognized for their master craftsmanship in silversmithing, stone inlay, beadwork, fetish carving, pottery and more.

For the Zuni people Art is more than a part of culture and traditions, it is a way of life.

Eighty-plus percent of households in Zuni pueblo make a portion of their income from the sale of arts and crafts. However, as Wells Mahkee Jr., Executive Director of Zuni Pueblo...

Historic Duke City farm pursues innovation

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With a history of agricultural experimentation dating back to the 1930s and a storied tradition reaching into the depths of New Mexico’s territorial history, Los Poblanos Historic Inn & Organic Farm, 4803 Rio Grande Blvd NW in Los Ranchos de Albuquerque, has bridged the centuries and now, with the assistance of New Mexico Manufacturing Extension Partnership, continues to preserve the past and pursue innovation.

The land surrounding Los Poblanos was, sometime around 1716, made a part of the Elena Gallegos Land Grant which surrounded and shaped what is now Albuquerque and was first mentioned in the 1790 Census as one of six settlements in Albuquerque’s North Valley.

According to Los...

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