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New Mexico has only three Interstate Highways: Interstate 10 travels southwest from the Arizona state line near Lordsburg to the area between Las Cruces and Anthony, near El Paso, Texas; Interstate 25 is a major north–south interstate highway starting from Las Cruces to the Colorado state line near Raton; and Interstate 40 is a major east ...
With a total area of 121,590 square miles (314,900 km 2), [1] New Mexico is the fifth-largest state, after Alaska, Texas, California, and Montana. Its eastern border lies along 103°W longitude with the state of Oklahoma , and 2.2 miles (3.5 kilometres) west of 103°W longitude with Texas (due to a 19th-century surveying error).
New Mexico is among the "tax-friendly" states of the U.S., offering numerous economic incentives and tax breaks on personal and corporate income. [1] [2] It does not have inheritance tax, estate tax or franchise taxes. While New Mexico does not have a state sales tax it does have a statewide "gross receipts tax", which is commonly passed on to ...
The New Mexico Secretary of State's website shows of the 123 brewing businesses applying for a license in the State of New Mexico, 70 were current and 23 were specific to Albuquerque. [2] According to the Brewers Association, craft beers sales have grown 15% in the last year, while standard beers like Budweiser, Miller Lite, and Coors have only ...
Oil and gas production in New Mexico, 2010–2021 A New Mexico oil field, left, with crop circles on right, taken from the ISS in 2006. New Mexico is rich in fossil fuel and alternative energy resources. Major petroleum and natural gas deposits are located in the Permian Basin in southeast New Mexico and in the San Juan Basin in the northwest.
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The first business license in the new city was for Walter Marlowe's "Dairy Valley Egg Farms". Two years later, Dairy Valley voted to become a chartered California city. As land values and property taxes in California rose in the early 1960s, agriculture became increasingly unprofitable, and development pressures increased. In a special election ...
Oct. 16—New Mexicans who get individual medical coverage on the state health care exchange — including many self-employed people — will see hefty base rate hikes starting in January, but a ...