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New Century Economy Jobs Agenda

New Century Economy Jobs Agenda. Jon Barela Cabinet Secretary Economic Development Department. Federal Entitlement Spending from 1960 to 2012, in Trillions. Federal Budget Impact on NM Jobs. C.CUNNINGHAM/ABQ JOURNAL, SOURCE: N.M. Department of Workforce Solutions.

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New Century Economy Jobs Agenda

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  1. New Century Economy Jobs Agenda Jon Barela Cabinet Secretary Economic Development Department

  2. Federal Entitlement Spending from 1960 to 2012, in Trillions

  3. Federal Budget Impact on NM Jobs • C.CUNNINGHAM/ABQ JOURNAL, SOURCE: N.M. Department of Workforce Solutions

  4. Regional Corporate Income Tax Comparison • Source: Tax Foundation • Nevada, Texas and Wyoming have no Corporate Income Tax

  5. Credits, Deductions, Exemptions by Category, in Millions (FY12) • Source: Legislative Finance Committee • *Other: food GRT deduction, tribal cigarette exemption

  6. The New Century Jobs Agenda • Single Sales Factor • Corporate Income Tax Reduction • Local Economic Development Act (LEDA) - $10 million • Job Training Incentive Program (JTIP) - $4.75 million • Capital Outlay Reform • Spaceport Informed Consent • MainStreet Investment • Additional Legislation Possible

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