Press release: Udall talks Afghanistan, clean energy tax credits

WASHINGTON – On his weekly radio call, U.S. Sen. Tom Udall today discussed the developing situation in Afghanistan, the extension of tax credits for clean energy, and his meetings with business leaders in Albuquerque. Click here to listen to the full audio online. Click here to download the audio. Below is a timeline of Udall’s […]

Tres Amigas road dollars a good start

Clovis Media Inc. irst comes the road, then comes the superconductor power station. While development work continues to finance and design the $1.2 billion Tres Amigas plant north of Clovis, the first step of the three-phase electrical project should begin later this year. Curry County will receive $350,000 in capital funds to pay for a […]

County wasted tax money on investigation

Most of us have disputes at work at one time or another. Sometimes employees complain about the boss — and vice versa. These issues are usually resolved when the adversaries sit down and talk. Or maybe staff meetings are held and policies are reviewed and changed. In some cases, there’s no way to work things […]

Lawmakers pleased with budget, less so with other issues

Robin Fornoff The good: Tax breaks for energy superstation Tres Amigas. The bad: No driver’s license or education reform. The ugly: “The leadership (state Legislature) knows how to use procedure to get what they want and once again thwarted the will of the majority of New Mexicans.” — Rep. Dennis Roch, R-Texico. Those are the […]

Payroll tax cut should be made permanent

On the payroll tax cut, Republicans are playing tiddlywinks. Democrats are playing poker. President Barack Obama and the Democrats in Congress want to extend the 2 percentage-point cut in the payroll tax — the Social Security tax most workers pay — that was enacted in December 2010. The tax cut expired in December 2011, but […]

Nixing state income tax boosts opportunity

If the classic 1940 movie “Grapes of Wrath” were remade for 2012, the Joad family would be trekking, instead, from California to Oklahoma. Based on the 1939 novel by Californian John Steinbeck, the movie showed the Joads suffering through the 1930s Great Depression and Dust Bowl in Oklahoma, then striking out for the Golden State […]

Tax aid offered to low income, senior citizens

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CNJ staff photo: Tony Bullocks Silvia Macias, left, of Clovis has her taxes prepared Thursday by volunteer Ann Sweat of AARP tax aide at Roy Walker Recreation Center. This was Macias’ first time using the free service and Sweat has been a volunteer tax preparer for four years. Tonjia Rolan Low income and senior citizens […]

Lawmakers confident in support for tax break bill

Alisa Boswell State tax breaks for corporate electricity, which could affect companies such as Tres Amigas, could definitely be in New Mexico’s future, according to local state representatives. Rep. George Dodge, D-Santa Rose, said House Bill 116, which allows deductions in gross receipt taxes on corporate electricity, was recently passed the Business and Industry Committee […]

Monday morning briefing: Soup, tax help and the Lone Ranger

Good morning and welcome to the Freedom New Mexico Monday briefing. Souper Bowl The Salvation Army’s annual Souper Bowl fundraiser is 2 p.m. to 5 p.m., Saturday at the organization’s building in Clovis, 317 E. Second St. $5 gets you a choice of home cooked green chili stew, minestrone, posole or potato soup and… you […]

Officials hope measure will keep Tres Amigas headquarters in state

Alisa Boswell State officials are pushing a new legislative bill that would change tax laws because they believe it will encourage Tres Amigas to build their headquarters in eastern New Mexico rather than west Texas. Tres Amigas is planning to build a power grid near Clovis that will connect North America’s two major power grids […]

Press release: Roch bill gives tax break to retired military

Military retirees in living in New Mexico may see their state income tax burden reduced under a bill introduced this week in the State House by Representative Dennis Roch (R-Texico). House Bill 162 proposes to exempt twenty-five percent of a retiree’s military pension income from the state’s personal income tax, with that percentage increasing to […]

Base preps for tax time

By Cannon Tax Office: 27th Special Operations Wing For many, tax season can be one of the most overwhelming and dreaded times of the year. However, the Cannon Tax Office can help you complete your tax forms for free Tuesday through April 17. All active duty personnel, retirees, and eligible dependents may have their federal […]

Everybody’s business: Dispelling myths about tax obligations

A new year approaches and one is ending. The annual ritual of reporting income and expenses to the federal government will soon be upon us. Take time this month to prepare for tax time over the next four months. Here are a few tips that may reduce stress and dismiss myths of tax obligations. • […]

Letters to the editor: Tax revenues could be better spent

Tax revenues could be better spent What a contrast in the two big items on the front page of Thursday’s CNJ: The Hotel Clovis project is under way because there was money found to fund it, but the dairy festival is called off because of the tough economy. Do you think anyone noticed that funding […]

Obama’s tax campaign has no credibility

Freedom New Mexico Yes, President Barack Obama, it is time to panic. Advice to “panic” was given to Obama by close ally James Carville, former advisor to President Bill Clinton, after Republicans won the special election in New York’s ultra liberal Ninth District this month with a candidate who ran an anti-Obama campaign. The Ninth […]

Obama plan over-taxes wealthy

Freedom New Mexico President Barack Obama wants to correct government overspending by over-taxing. He is proposing a combination of cuts and tax increases, the latter accomplished by setting his sights on those earning $250,000 and up. We’ve heard Obama’s class warfare rhetoric before. That may be why the president deemed it necessary to deny the […]

Commission OKs property tax rates

Freedom New Mexico Curry County Commissioners on Thursday approved new property tax rates for 2011 that should mean no increases or only slight increases to most property owners, according to County Assessor Tim Lyman. Lyman said the new rates do include an increase to some Melrose property owners of about 4 mils. That increase to […]

Press release: Bingaman talks fuels tax, president’s address

WASHINGTON – U.S. Senator Jeff Bingaman today talked with New Mexico radio reporters about a variety of issues. Bingaman’s remarks can be retrieved by going to his website or clicking on the following link: http://bingaman.senate.gov/mediaasset/bingaman090711m.mp3 00:00 – Bingaman comments on Obama’s decision to delay EPA regulations on smog standards. 03:02 – Bingaman says the Congress […]

Tax reform, cuts would provide economic push

Freedom Newspapers Tax reform is in the air. One proposal floating around is to eliminate or reduce the tax deduction for home mortgage interest. About 35 million homeowners use the deduction to reduce their yearly tax bills. The total deduction amounts to about $131 billion a year. During the recent wrangling in Washington over the […]

Letters to the editor: U.S. manufacturing industry gone

U.S. manufacturing industry gone My tennis shoes were looking a little raggedy, so I went shopping over the tax-free weekend. My main criteria was that my new shoes be made in the USA and not fluorescent purple or pink (actually just a plain ol’ white pair of tennis shoes). I went to numerous stores, but […]