Albuquerque Journal (Albuquerque, NM)

Experts Describe Daunting Tax Task.(Final)

Byline: Winthrop Quigley Journal Staff Writer

Panel Formed To Fix State System

SANTA FE Tax experts Thursday described the daunting task facing the Blue Ribbon Tax Reform Commission, created by the 2003 Legislature to overhaul the state's tax system.

No state's tax structure is "up to the challenges of the 21st century," said Robert Cline, national director of state and local tax policy economics for the accounting firm Ernst and Young. "You are not alone."

Global companies do business in every state through the Internet, catalogs and toll-free numbers, Cline said. All states are looking for ways to tax those transactions, Cline told the commission at its first public hearing on Thursday. …

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