I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
Gov’s budget balancing task force discusses tax increases on energy industries
The Farmington Daily-Times reported on the latest meeting of the Budget Balancing Task Force put together by Bill Richardson. The meeting, the first to be webcast by the task force, was held in Farmington yesterday afternoon.
According to the Daily-Times, the task force discussed, “Increased taxes on oil and gas production, tobacco, liquor, uranium and coal mining, as well as tax enforcement changes.”
The task force will not make recommendations to the governor or the state legislator, but Secretary of Taxation and Revenue Rick Homans, who chairs the task force, will present the pros and cons that the task force comes up with with the governor before January’s special session.