But, more than words of praise, our reforms have helped create and protect jobs. Look at the economic development along the border. By eliminating the tax on locomotive fuel early on, Union Pacific came to New Mexico. Then we eliminated the double and triple taxation of many goods and services. Last session, we reduced the business tax rate to make us more competitive with our neighbors and to encourage manufacturing. Southwest Steel Coil, from California, has added nearly 40 jobs in New Mexico, citing these reforms. Omega Trucking, a woman and minority-owned business, also added more jobs. That area developed because we first made our state competitive with Texas, and attracted Union Pacific. Then, last session, we made New Mexico more competitive with our other neighbors. When we talk about our tax reforms, some only think of large corporations.
Don‘t get me wrong, we want those jobs too, but our tax reforms are critical across the board to
businesses large and small. Let me give you an example. Sparkle Maintenance is a janitorial business. It was started 50 years ago in New Mexico around a kitchen table, the way so many small businesses start. Today, it employs 400 workers. One
of the owners, Carlo Lucero, recently approached Secretary Barela. He praised the state‘s
tax reforms because his customers
the companies he contracts with - have told him that our tax reforms have kept them in New Mexico. I asked Carlo to join us toda
y, and a very special lady. Carlo‘s mother, Eleanor, co
-founded the company with her husband around that kitchen table. I wanted to recognize them, so we all remember the impact our reforms have on local small businesses. Congratulations on all that your family business has achieved.
We‘re doing better fighting the headwinds from Washington, but I‘m the first to say that we have
a lot of work left to do.
Being able to compete is not a destination, it‘s a process.