| New Mexico cuts corporate taxes to help diversify economy | Susana Martinez, the first Latina governor of any US state, laughs heartily as she recounts how a plan to cut corporate taxes in New Mexico was approved amid great drama within the dying minutes of her state's annual legislative session in late March.
"We were all holding our breath," says the former district attorney, who is known for taking on tough child abuse and drug trafficking cases.
Ms Martinez, a 53-year old Republican who is sometimes mentioned as a dark-horse White House contender in 2016 but denies she is interested, is part of a wave of conservative state governors trying – with mixed fortunes – to cut business taxes to attract and retain investment.
"Businesses have choices and they can go anywhere in the world and if we don't provide a business-friendly economy they're not going to come here," says Ms Martinez, who took office in early 2011.
Read the next article in our Great Tax Race series.
http://link.ft.com/r/BLH300/4VD8DN/72FH4Q/2OH2XY/6AFL8E/CM/h?a1=2013&a2=4&a3=30
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