Bernalillo County Approves Community-Benefits Tax Policy
Santa Fe News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Bernalillo County commissioners have approved a new economic policy that rewards businesses for community benefits, such as local hiring, worker training, and greener practices. The policy, proposed by Commissioner Barbara Baca, will take effect in late April and requires businesses to contribute five percent of their tax savings to a community fund for apprenticeships and job programs. While some commissioners see it as a good first step, others argue its too narrow and question its effectiveness in attracting the best companies. Supporters believe it balances business growth with community needs.
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