Tax Fairness and Budget Adequacy

Updated! Learn the basics of New Mexico’s tax system—where the state gets its tax revenue to pay for public programs—in this simplified guide. (A Fiscal Policy Project publication; updated Sept. 2017) Read more
Learn the basics of the state’s general fund budget—what the state spends money on and how much goes where—in this companion to Advocate’s Guide to the New Mexico State Budget. (A Fiscal Policy Project publication; updated Mar. 2017) Read more
Corporate tax cuts backed by the Martinez administration were supposed to make New Mexico more "business friendly," which would bring jobs to the Land of Enchantment. Despite the high cost of these tax cuts--which has led to deep spending cuts in education, health care and public safety--unemployment in New Mexico remains stubbornly high. (Fact sheet; Feb. 2017) Read more
In the world of revenue-estimates and budget-making, numbers can seem pretty abstract. This infographic takes a look at how the revenue provisions in HB 202 might actually be invested to stem more harmful spending cuts. (Infographic; Feb. 2017) Read more
This PowerPoint presentation looks at New Mexico's budget problems and ways lawmakers could address the lack of revenue in order to avoid more harmful spending cuts. Presented to the League of Women Voters of NM. (Feb. 2017) Read more
In New Mexico, the Working Families Tax Credit is one of the most sensible parts of our tax code: it encourages work, helps to raise hard-working families out of poverty, and benefits almost 300,000 children, while also pumping millions back into local communities. Increasing the credit is a smart investment in our businesses, working families, and future. (A Working Poor Families Project report; Jan. 2017) Read more
Reinstatement on the tax on food is likely to come up in the 2017 legislative session even though New Mexico has the second highest rate of children who don't always have enough to eat. These three infographics look at food insecurity in New Mexico and which other states in the nation tax food. (Infographics; Dec. 2016) Read more
This PowerPoint looks at how reinstating the tax on groceries would impact the health of New Mexico’s already-food-insecure families. Presented at the NM Public Health Association’s Health Policy Legislative Forum. (Dec. 2016) Read more
A PowerPoint presentation on the status of child well-being in New Mexico, with a focus on child abuse, looking at policies that have negatively impacted child well-being and policy solutions that would improve it. Presented to the Legislative Health and Human Services Committee. (Sept. 2016) Read more
A PowerPoint presentation giving a brief overview of how the state collects tax revenue and creates the operating budget, the reasons behind the current revenue shortfall, and a look at how the state's $14 billion Land Grant Permanent School Fund could be used to fund early childhood care and education programs. Presented to a coalition of early childhood care and education providers in Deming. (Aug. 2016) Read more
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