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Susana Martinez on Corporations
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$4.75M investment in Job Training Incentive Program
We need to make sure all small business owners know we believe in them. That's why I'm proposing that we give every New Mexico small business a $1,000 tax credit for every job created and retained over the next two years.
In these uncertain times, if a small business owner is willing to take the risk to invest in a new job, then we should stand with them.
But competing for jobs goes further than just common-sense tax policy. We need to partner with our small business owners to help them hire and train new workers now. That is why I am also requesting a $4.75 million investment to further
the success of our Job Training Incentive Program, or JTIP. This is a partnership with small businesses to help them train new employees and encouraging more hiring.
Source: 2013 State of the State address to N.M. Legislature
, Jan 15, 2013
Exempt small business from gross receipts tax
I've long said government doesn't create jobs. It doesn't--small businesses do. We can do so much more to level the playing field for our small businesses, to put more New Mexicans back to work.That's why I am proposing that we exempt roughly half of
New Mexico's small businesses--those earning less than $50,000 per year--from the gross receipts tax. That's roughly 40,000 of our small businesses--the little ones, the start-ups. This is a bottom-up approach.
Source: 2012 New Mexico State of the State Address
, Jan 17, 2012
Page last updated: Apr 25, 2013
