By PAUL GESSING
Executive Director
Rio Grande Foundation
Since the days of Bill Richardson’s Administration, the Rio Grande Foundation has opposed New Mexico’s generous film subsidies. Back in Richardson’s day, the primary subsidy was a 25 percent “refundable” tax credit, meaning that anyone filming in New Mexico received up to 25 percent of what they spent to film in the Land of Enchantment (courtesy of New Mexico’s taxpayers).
Gov. Susana Martinez attempted to rein in the subsidy program. Along with the Legislature, she placed a $50 million annual spending cap on film subsidies. When Lujan Read More









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