Arizona

May 7, 2013 5:09 AM by Associated Press

New Mexico governor to speak to Arizona group

SANTA FE, N.M. (AP) - Gov. Susana Martinez is in Arizona for political fundraising and to promote New Mexico's recently approved economic development tax cuts.

The governor's office said Martinez is the keynote luncheon speaker Tuesday at a conference by the Tucson Hispanic Chamber of Commerce. Martinez plans to talk about tax cuts that supporters hope will help attract businesses to New Mexico.

The state is lowering its corporate income tax rate from 7.6 percent to 5.9 percent over five years. New Mexico's top tax rate currently is the highest among neighboring states.

The business group is paying for the governor's travel.

The Republican governor's political adviser said Martinez will hold a fundraiser for her re-election campaign Tuesday afternoon before returning to New Mexico.

Martinez took office in 2011.

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