Martin Heinrich (D): No. Called for its continued funding & independence.
Gary Johnson (L): Yes. Scrap Dodd-Frank, the legislation that authorized the CFPB.
Mick Rich (R): Yes. Congratulated Trump for Dodd-Frank rollback.
Martin Heinrich (D): No. Called for its continued funding & independence.
Gary Johnson (L): Yes. Scrap Dodd-Frank, the legislation that authorized the CFPB.
Mick Rich (R): Yes. Congratulated Trump for Dodd-Frank rollback.
Martin Heinrich (D): No. Called for its continued funding & independence.
Gary Johnson (L): Yes. Scrap Dodd-Frank, the legislation that authorized the CFPB.
Mick Rich (R): Yes. Congratulated Trump for Dodd-Frank rollback.
Michelle Lujan-Grisham (D): No. They resemble failed past policies that "reward the wealthiest people & special interests, while adding as much as $1.5 trillion to our national debt."
Steve Pearce (R): Yes. Will "give a shot in the arm to all manufacturers, & small businesses will be able to become a little more stable."
New Mexico's unemployment rate stands at 6 percent, the second highest in the U.S. behind Alaska. Cervantes said creating tax cuts for large corporations, like those in the recently passed federal tax bill, isn't the way to grow the state's economy. "The way we create the economy is by recognizing what's best about New Mexico: Our proximity to the border, our relationship to other states and frankly our abundant natural resources. These are all the things that are resources we have here in New Mexico that we need to take better advantage of," Cervantes said.
One proposal expands a tax credit provided to "angel investors" who help finance new companies. The governor wants to provide up to $2 million a year in credits, up from a current $750,000 cap, and increase the individual investments that qualify for a tax break.
Martinez also proposes to revamp existing credits for small technology companies, potentially costing the state $2 million a year. One change would allow firms to collect a refund for some spending on research and development if their tax credits exceed their tax liability.
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.
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2020 Presidential contenders on Corporations: | |||
Democrats running for President:
Sen.Michael Bennet (D-CO) V.P.Joe Biden (D-DE) Mayor Mike Bloomberg (I-NYC) Gov.Steve Bullock (D-MT) Mayor Pete Buttigieg (D-IN) Sen.Cory Booker (D-NJ) Secy.Julian Castro (D-TX) Gov.Lincoln Chafee (L-RI) Rep.John Delaney (D-MD) Rep.Tulsi Gabbard (D-HI) Sen.Amy Klobuchar (D-MN) Gov.Deval Patrick (D-MA) Sen.Bernie Sanders (I-VT) CEO Tom Steyer (D-CA) Sen.Elizabeth Warren (D-MA) Marianne Williamson (D-CA) CEO Andrew Yang (D-NY) 2020 Third Party Candidates: Rep.Justin Amash (L-MI) CEO Don Blankenship (C-WV) Gov.Lincoln Chafee (L-RI) Howie Hawkins (G-NY) Gov.Jesse Ventura (I-MN) |
Republicans running for President:
V.P.Mike Pence(R-IN) Pres.Donald Trump(R-NY) Rep.Joe Walsh (R-IL) Gov.Bill Weld(R-MA & L-NY) 2020 Withdrawn Democratic Candidates: Sen.Stacey Abrams (D-GA) Mayor Bill de Blasio (D-NYC) Sen.Kirsten Gillibrand (D-NY) Sen.Mike Gravel (D-AK) Sen.Kamala Harris (D-CA) Gov.John Hickenlooper (D-CO) Gov.Jay Inslee (D-WA) Mayor Wayne Messam (D-FL) Rep.Seth Moulton (D-MA) Rep.Beto O`Rourke (D-TX) Rep.Tim Ryan (D-CA) Adm.Joe Sestak (D-PA) Rep.Eric Swalwell (D-CA) | ||
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