CORPORATE WELFARE
New Mexico’s Film Tax Subsidy Program Continues to Take on Water
Lawmakers in New Mexico are in a self-imposed quandary. They’ve adopted a lucrative tax credit program for the film industry they simply can’t afford yet can’t walk away from. The Enchantment State dolls out 25-30 percent rebates for production related expenses up to...
Affordable Housing Tax Credits are a Poor Program to Help the Poor
Every legislative session, lawmakers are duped by rosy tax credit programs, sold as either robust jobs programs or silver bullets to our social woes. This year HB2365, sponsored by Representative Ben Toma, is being sold as both. The Low-Income Housing Tax Credit...