State senate votes to eliminate locom...

State senate votes to eliminate locomotive fuel tax

There are 3 comments on the Carlsbad Current-Argus story from Mar 14, 2011, titled State senate votes to eliminate locomotive fuel tax. In it, Carlsbad Current-Argus reports that:

The state Senate on Monday night voted to eliminate locomotive fuel taxes for Union Pacific, provided that it moves a rail center from El Paso, Texas, to Santa Teresa, N.M. The bill carried 37-4, though many Democrats said they were skeptical about whether the deal was good for New Mexico taxpayers.

Join the discussion below, or Read more at Carlsbad Current-Argus.

“Think before you write!”

Since: Nov 08

Carlsbad, NM

#1 Mar 15, 2011
"Union Pacific executives say the company will invest $418 million in the Santa Teresa project, employ about 3,000 people during construction and create 600 full-time jobs."

Corporate pay-to-play business as usual. How have we gotten to such a system of corporate welfare? The company publicly states the above, which essentially boils down to, "We'll conduct business as planned and expected." And for such gracious activities, we're supposed to ante-up and pay them for it through tax breaks (and the implied message, we should also be grateful for it).

Odd... aren't we the nation of go-get-ums, or folks who are built by pulling our own boot-straps? I guess no longer, for our corporate friends... as their philosophy is now, "Why do it ourselves when we can get John Q Public to pay for it?"

We're cutting back on the small-bucks welfare program that benefit the folks who need it (the poor, indigent, unemployed, unschooled, underfed, etc...), and yet we continue to pour big bucks welfare sums into our corporate welfare programs. Is that "penny wise and dollar stupid", or what?

Apologies in advance for my rant...
james russell

El Paso, TX

#2 Mar 15, 2011
It will increase the tax base of Southern New Mexico which in turn will help the tax base of New Mexico.
Great

Las Cruces, NM

#3 Mar 16, 2011
This will provide jobs for our ever growing population of illegal aliens.

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