New Mexico has already been lowering tax rates for the vast majority of its residents over the past several years. Increased and improved tax credits have returned hundreds of millions of dollars to families over the past few years alone. The state has also lowered the gross receipts tax rate, which benefits us all, including small businesses. And just this past session, lawmakers lowered personal income tax rates for everyone.
Santa Fe New Mexican--Our families deserve more than financial survival. We deserve to thrive. Next year, 2025, will be a powerful chapter of our story, 20 years in the future, in which we tell the story of how we made New Mexico the best place to be a kid. We did it by supporting the people who love them most: moms.
Santa Fe New Mexican--This Tax Day, we all have much to be thankful for as we consider the bounty of public goods and services that are made possible with our tax dollars. These include a school system, the roads, first responders, our parks, libraries, museums and so much more. This year, we have even more to be thankful for. That’s because in the last few years our state has made the most improvement in the nation in making our tax system more fair, equitable, and racially just.
The Paper--New Mexico is a land with many valuable assets – from our rich cultural diversity to our stunning physical beauty, to our mineral wealth. These assets belong to us all and while it’s impossible to put a price on some of them – our culture and natural landscape, to be precise – we can and do put a price on our mineral wealth. And that price needs to be fair so that we are all receiving the benefit of the bounty beneath our feet.
Another legislative session is behind us and while this was budget-only, 30-day session, there is still plenty to celebrate for families and children. Read about the highlights here.
Santa Fe New Mexican--Nothing is more foundational to one’s well-being than one’s health. Lawmakers can help people be and stay healthy by making strong investments in programs that address health threats and inequities.
This tax cut was sold to New Mexicans as the next great job-creator. But, like most trickle-down economic strategies, it failed on a massive scale. It's past time to repeal this ineffective give-away that mostly benefits those at the very top.
Santa Fe New Mexican--We support the proposed 3% tax because it’s a fair solution that asks those with plenty to help ensure all Santa Fe families and children have opportunities to thrive in the community they call home. The proposed 3% tax will generate an estimated $6 million per year to support working families in finding homes in Santa Fe, building wealth and raising their children here.
During the height of the COVID-19 pandemic, economic assistance policies like the expanded federal Child Tax Credit resulted in a record decline in child poverty. Now, with the end of COVID-era assistance, the nation saw a record increase in child poverty – clearly showing us that poverty is a policy choice.
Rio Rancho Observer--New Mexico’s children deserve every opportunity to thrive and reach their full potential. With the critical funding our Legislature appropriated, these programs will reduce childhood poverty and improve educational outcomes for children. They will also expand economic opportunities for families across New Mexico. And we know that kids do better when families have the resources they need.