The tax cuts heralded by Susana Martinez have cost the state more than $500 million during her stay as governor of New Mexico. What were they, how much did they cost, and what did we get for them? Research and Policy analyst Raphael Pacheco takes a look.
Last year’s very contentious presidential campaign put the treatment of women—among other groups of people—in the spotlight. Leaving aside the ugliness of that debate, it does raise the larger question of how we as a country and as a state treat women and the issues most important to them. If we had a woman’s agenda, what would it look like?
The last time voters decided to increase the distribution from the permanent fund was back in 2003. Even then, prognosticators warned that the move would “deplete” the fund. Back in 2003 the fund was worth about $7 billion. Over the next dozen years, the fund still managed to more than double. Here's why.
In reaction to the revenue shortfall that was created in large part by bad tax policy decisions, some lawmakers are looking to enact more bad policy. But sweeping up money from these special funds will endanger more than just common sense.
When Facebook was considering New Mexico as a location for a new data center, the state started playing the "Let's Make a Tax Deal" game. Turns out that tax breaks are about as important to these kinds of decisions as is the risk of natural disasters. Which is to say, very low.
If you’re relocating a business that will need educated workers, would you set up shop in a state that’s made it more difficult to get a college degree? Or would you pick a state that makes educating their workforce a top priority?
While all Americans should feel welcome to enjoy our nation’s natural and cultural treasures, data show that racial and ethnic groups are less likely to view our national parks as part of their heritage and birthright as Americans. This makes them less likely to visit these places. There are many reasons for this, including a lack of racial and ethnic diversity within the NPS staff.
State government has a very important job to do. It ensures that all children receive an education that will prepare them to be productive adults. It works to keep our streets safe and our infrastructure in good repair. It must respond to public health threats and keep an eye to future needs. When state government does its job well, it enables and strengthens the state’s economic growth and helps its people thrive.
It seems that every week there is a new story in the newspaper showing the consequences of choosing tax cuts for the powerful over public investment. One of the most egregious, which has a huge impact on public safety, is the backlog of thousands of rape kits with DNA evidence that have not been processed.
With our schools, health care, courts, and infrastructure already cut down to the bone, and the state still short on money, there is no better time than now to evaluate every dollar spent on tax breaks to make sure they’re having the impact their proponents claimed. To be the New Mexico we wish to be, we simply can’t afford to do less.