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Report: Refundable Tax Credits Help Lift NM Children Out of Poverty

The state of New Mexico returned $132 million to 239,000 households this year via the state’s new Child Tax Credit (CTC). The state CTC is the latest in a series of tax credits that New Mexico has enacted, increased or expanded to help New Mexicans who earn the lowest incomes. That’s one of the data points in a new report, “How Tax Credits Impact Child Poverty and Well-being,” which is the second in the “From Poverty to Prosperity” series.

By |December 18th, 2024|Categories: Press Releases|Comments Off on Report: Refundable Tax Credits Help Lift NM Children Out of Poverty

From Poverty to Prosperity: How Tax Credits Impact Child Poverty and Well-being

Report The second in the "From Poverty to Prosperity" series, this report looks at how refundable tax credits help families and children, especially those earning low incomes. (State-level data on several tax credits impacting families as well as tax incidence by income group.)

By |December 18th, 2024|Categories: Economic Security Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|Comments Off on From Poverty to Prosperity: How Tax Credits Impact Child Poverty and Well-being

Let’s Use Childcare Assistance to Lift the Workers Out of Poverty Too

El Semanario--While it’s great to know that the expansion of universal child care has such a dramatic effect on lowering poverty in New Mexico for the children and families who receive the program, there is one significant way in which the CA program falls short: wages for child care and other early care and education (ECE) workers remain unacceptably low. If we can use our CA program to lift kids and families out of poverty, why don’t we use it to lift the people who provide that care out of poverty as well?

By |November 30th, 2024|Categories: Blog Posts, Economic Security Blog, Economic Security News Coverage, Education Blog, Education News Coverage, News Coverage|Comments Off on Let’s Use Childcare Assistance to Lift the Workers Out of Poverty Too

‘Not only draconian… immoral’: NM legislators, advocates talk Trump deportation plans

NM Political Report--Chavero cited the report “Essential but Excluded” that was completed during the pandemic by New Mexico Voices for Children and other advocacy groups. “We have a robust immigrants’ rights movement in New Mexico,” Chavero said. “Bigger and stronger than we were eight years ago during the first Trump administration.”

By |November 25th, 2024|Categories: Economic Security News Coverage, News Coverage, Racial and Ethnic Equity News Coverage|Comments Off on ‘Not only draconian… immoral’: NM legislators, advocates talk Trump deportation plans

Head Start could be threatened under Trump

NM Political Report--Jacob Vigil, deputy policy director for New Mexico Voices for Children, told NM Political Report that Head Start is “crucial” to enabling many women in New Mexico to stay in the workforce. “It’s one of the most effective anti-poverty programs for the most vulnerable kids in our country. Head Start continues to be a huge part of the rural childcare system,” Vigil said.

By |November 24th, 2024|Categories: Economic Security News Coverage, Education News Coverage, News Coverage|Comments Off on Head Start could be threatened under Trump

House speaker, advocates plot pushback on Trump deportation plans

Santa Fe New Mexican--“New Mexico is home to an estimated 60,000 undocumented immigrants,” said Zulema Chavero, citizenship coordinator for Somos Un Pueblo Unido. She said they “pay more than $67.7 million annually in state and local taxes,” citing a 2020 report from New Mexico Voices for Children.

By |November 22nd, 2024|Categories: Economic Security News Coverage, News Coverage, Racial and Ethnic Equity News Coverage, Tax and Budget News Coverage|Comments Off on House speaker, advocates plot pushback on Trump deportation plans
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