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| Pete Campos |
From
NM Politics.net - by State Senator Pete Campos - No one likes to pay taxes, but most of us accept it as necessary to provide for essential public services. What is hard to accept, and what we should not accept, are tax policies that by chance or by design allow some people and corporations to get away with not paying their fair share of taxes. Unfair tax policies not only deprive the state treasury of badly needed revenue – revenue to hire more teachers and police officers, repair roads or keep parks clean – such policies also understandably foster broad public resentment and weaken consumer confidence. Simply put, unfair tax policies are just plain un-American! Fixing many unfair tax policies may seem like an unattainable goal for most New Mexicans because the policies are set at the federal level or are supported by entrenched special interests. But the New Mexico Legislature in January will have a chance to correct one such policy: the multistate corporate tax loophole that allows huge corporations doing business in New Mexico and other states to pay absolutely no corporate income tax to New Mexico. Senator Peter Wirth of Santa Fe has said he will
again sponsor legislation to make out-of-state corporations pay their fair share of New Mexico income taxes. Among western states that have a corporate income tax, only New Mexico and Oklahoma do not require out-of-state corporations doing business in the state to pay state income taxes.
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Campos: We should all pay our fair share
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2 comments:
Corporation do not pay taxes. Never have. Never will. Maybe these politicians should have to read Wealth of Nations BEFORE running for office.
The consumer ALWAYS pays the taxes. These politicians are blowing smoke when they claim they want to tax the corporations. They are playing class warfare. In the end, the people that these so-called representatives supposedly represent will pay the price in higher costs. And those higher costs are alwasy greater than the amount of tax taken from the corporations by the government.
Too many people are too ignorant. Ignorance is destroying us. Learn something and not the BS you teachers taught you in government controlled schools
Higher corporate taxes = fewer jobs, higher prices to consumers, bigger government and more government spending.
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