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Wednesday, May 22nd

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NMSBA program brings small businesses, national laboratories together

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The crew from Santa Fe’s Honeymoon Brewery is raising a glass to the New Mexico Small Business Assistance Program and offering a hearty “salud” to David Fox of Los Alamos National Laboratories.

The cause for celebration? The successful pairing of a small-scale kombucha brewing business and a scientist at one of the...

Post-election, it’s time to get to work for our kids

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ALBUQUERQUE — With election results in, it’s time to get to work. A new governor in office signals change on the horizon for New Mexico. We urge our new Governor, and our new and returning policymakers, to prioritize our hard-working families and their kids when they meet in January, 2019.

Our Roadmap to a Stronger New Mexico outlines changes that are vital to improving child well-being in our state. Our policy priorities include:

·Enacting a new Child Tax Credit and increasing the Working Families Tax Credit. Our state and local tax system now requires those who earn the least to pay a larger share of their income than the wealthiest. Working towards a stronger New Mexico...

Denying Jesus

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“Peter again denied it [knowing Jesus], and at once the rooster crowed.” John 18:27 (ESV)

While in the upper room during the Passover Celebration, just before Jesus was arrested and crucified, Jesus predicted that Peter would deny him. You would think that just hours later, Peter would remember this and be able to avoid denying Jesus.

Peter had heard the words of Jesus recorded by the apostle Matthew in chapter 10 of his gospel, “So everyone who acknowledges me before men, I will acknowledge before my Father who is in heave, but whoever denies me before men, I also will deny before my Father who is in Heaven.” (Matt 10:32-33).

Peter denied Jesus, not just once, not just...

‘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...

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