Comments on: Spaceport tax debate reaches climax in New Mexico this week

By: wordpress allows

wordpress allows — Wed, 05 Mar 2014 12:59:00 +0000

This is my first time visit at here and i am in fact pleassant to read all at single place.

By: common sense

common sense — Tue, 18 Feb 2014 23:10:12 +0000

Who are “we” who gave to the billionaires? You don’t vote in New Mexico? I am not taking party but I don’t think you/we “gave” anything. But if you did give something then you may want to question your and New Mexico’s motivations, your rights, etc.

Also can you share a link/information about those who did not want to give anything? How many were you opposing it? Approving?

Do you have a 401k or similar? Because in that case you gave $$$ to banks that may, actually will, never repay you, never mind give you a job.

By: Fred Willett

Fred Willett — Mon, 17 Feb 2014 22:08:20 +0000

Bad investment or not the real issue is the attempt to change the rules half way through the game.
Issue 1 the spaceport.
The legislation seeks to stop payments to the development before it becomes operational. That’s a good way to force them out of business loosing all the investment and forcing VG to go elsewhere. But then I guess AW will be able to say “see I told you so”
Issue 2. The good citizens voted to raise their taxes to improve their schools. The legislation proposes to penalize them by reducing government grants so they get exactly the same funding as before – but continue to pay the extra tax.
That’s plain highway robbery.
I suppose the good citizens should have voted to reduce their tax contribution instead. The politicians would then have felt obliged to provide extra funds to make up the difference. No?

By: Aware

Aware — Mon, 17 Feb 2014 19:20:08 +0000

It never ceases to amaze me the ability of people to delude themselves.

We’ve given these billionaires millions to build the Spaceport they intend to run for a profit (that will be paid to themselves – not the people who funded it) that has never even begun operations (and probably never will). So we paid to build it and the roads to it. Now we’ll pay to run it. All in the hopes that someday – if they ever begin any real operations besides tours of an empty building run from ABQ – they will hire a janitor or two and a couple of security guards at minimum wage from the local area.

Meanwhile, their 20 mile no commercial zone is threatening to stop local ranchers from even running cattle on their own land in the area and they have threatened to use eminent domain to get rid of the few remaining residents who no longer have any water thanks to the drain of the aquifier accomplished during the building of the “Spaceport”.

By: amightywind

amightywind — Mon, 17 Feb 2014 12:16:50 +0000

It saddens me that New Mexico tax payers impoverish themselves for the benefit of businessmen that should be raising capital on their own in the private market. But, a fool and his money are soon parted. That Steve Wynn can raise more raise capital in the junk bond market for his casinos than these space entrepreneurs can for there spaceport is telling. What a boondoggle!