Fact Sheet New Mexico's Working Families Tax Credit works with the federal Earned Income Tax Credit, which has been hailed as one of the best anti-poverty, pro-job creation measures Congress has ever enacted. This fact sheet explains why this tax credit works so well and how New Mexico policymakers could make it even more effective. And it could all be paid for by ending an ineffective tax credit. (State-level data on the Working Families Tax Credit)
“It would be one thing if the economy was booming and there were job opportunities,” says James Jimenez, executive director of New Mexico Voices for Children, “[But] I think it’s bad policy to try and link poverty reduction strategies with ensuring that people have enough to eat.”
Much of New Mexico’s array of scenic beauty has been enhanced and protected by a relatively little-known federal program called the Land and Water Conservation Fund (LWCF). Unfortunately, at the end of the federal fiscal year, the sun will set on one of our country’s greatest conservation programs if Congress fails to reauthorize it. The loss of the LWCF would not bode well for America.
“New Mexico has become too reliant on the oil and gas industry to fund these services, which has created boom-or-bust cycles for our economy and, therefore, for all New Mexicans,” he added. “Right now we’re in a boom time, but we mustn’t forget that the bust times may be right around the corner.”
“Less than one year ago, lawmakers were scrambling to pay for basic services like schools, roads, and public safety. New Mexico has become too reliant on the oil and gas industry to fund these services, which has created boom-or-bust cycles for our economy, and therefore, for all New Mexicans. Right now we’re in a boom time, but we mustn’t forget that the bust times may be right around the corner."
“When industry wastes gas extracted on public lands they deprive New Mexico of huge amounts of royalties and put our kids health at risk,” said Bill Jordan, policy director for New Mexico Voices for Children. “At a time when the state is struggling we can't afford to be losing tens of millions of dollars that could be put towards education."
“That we rank so low in child well-being is really a symptom of a larger problem. When children aren’t doing well it means their families and communities aren’t doing well either. Many of these policy recommendations would improve the state’s economy and the quality of life for all residents.”
“When industry wastes gas extracted on public lands they deprive New Mexico of huge amounts of royalties and put our kids' health at risk,” commented Bill Jordan, Policy Director for New Mexico Voices for Children. “At a time when the state is struggling we can't afford to be losing tens of millions of dollars that could be put towards education."
New Mexico Voices for Children has released a children’s agenda of policy recommendations they hope candidates for state- and national-level offices will adopt. The agenda, “Kids at the Crossroads: A Children’s Agenda for Making KIDS COUNT with Candidates,” contains 30 policy recommendations spanning three categories: economic well-being, education, and health. The group hopes that the agenda will spur candidates to will make concrete plans for improving child well-being.
Policy Agenda With the highest rate of child poverty in the nation, New Mexico is not providing the opportunities our children need to succeed. But the good news is that we can improve opportunities for New Mexico’s kids through public policy. This children's agenda for candidates in the 2018 election provides 30 policy recommendations that will help improve child well-being in New Mexico.