Ideas

Tim Keller
Mayor | Albuquerque, NM

ROI on Tax Expenditures

Idea Category: Jobs and Entrepreneurship, Smart Government

Problem

In most states and at the federal level tax expenditures (incentives, dedications, exemptions, loopholes etc.) that have not been recently analyzed and updated are draining resources from government budgets. In NM for example, these tax breaks have cost $1 billion of taxpayer money and have not significantly increased job creation.

Solution

Senator Keller is working to bring transparency and accountability to tax expenditures by requiring annual return on investment (ROI) and jobs created reporting. This information would make it easier for impactful programs to be enhanced and wasteful, redundant and out of date programs to be shifted to areas that are more effectively meeting citizen needs and creating jobs.

More Idea’s From Tim Keller

New Mexico: Albuquerque Mayor Tim Keller Announced the Participants of the 2023 Mayor’s Creative Youth Corps

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Money on the Sidelines

Idea Category: Jobs and Entrepreneurship, Smart Government | Funding Source: ARP

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Buy Local: How Government Spending Can Create Jobs and Support the Economy

Idea Category: Jobs and Entrepreneurship, Smart Government | Funding Source: ARP

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