When you file your tax return this winter, you may be in for a very nice surprise. Thanks to the leadership of state legislators and Governor Lujan Grisham, New Mexico enacted several improvements in two tax credits that help those New Mexicans who need it most.
In homes across New Mexico, parents and caregivers have long been forced to make an impossible choice – one made even harder in the last 18 months by COVID-19. Do I care for my baby or sick family member, or do I leave them to work and earn the pay we need to survive? This choice has dire implications for babies, families, public health, and the economy.
Incremental improvements show us both that progress is possible and also that creating the nurturing environments our kids deserve and need to thrive will require bold and sustained actions and investments.
Like other public policy, tax policy can either advance or hinder racial and ethnic equity. It is never race-neutral. As the legislative session enters its final week, one important tax bill - HB 291 - is still being debated. There are numerous reasons to support (it raises revenue and makes our tax system more stable, among others), but one reason has particular meaning in a state where people of color comprise the majority of the population. This blog explains.
Before the coronavirus pandemic hit, New Mexico was beginning to move forward on a path to more broadly shared prosperity. The pandemic and recession seem to have put some of that progress on hold. But they don’t have to. We can continue to move in the right direction if we ensure we have adequate and sustainable revenue that is raised in a way that is fair.
While we think of Social Security as “our” money, the fact is, most seniors receive much more in Social Security benefits than they actually paid in while working. The majority of the money in your Social Security check comes from other sources.
New Mexicans are already experiencing severe impacts of climate change – harming our health, air, land, water, and economy. The Climate Solutions Act (HB 9) would establish nation-leading carbon pollution reduction targets to benefit current and future generations while ensuring that all New Mexicans will benefit from the jobs and economic growth provided in a clean energy future.
The article’s revelations are at once shocking and not surprising, with lobbyists who have spent years fighting against regulations to reduce methane waste and pollution admitting the problem is real. And if you suspected the industry is more concerned about its image than protecting your health, you’re right. Its answer to out-of-control methane emissions? More image polishing and public relations advertising.
New Mexico’s 50th ranking in child well-being is the result of a decade of austerity due to choices lawmakers made during the last recession. In 2019 and early 2020, Lawmakers began to put the state on the right path for our kids. The pandemic and current recession do not need to derail us.
Over the past few months, the resiliency and strength of communities all across New Mexico have been in full view as people come together to support each other through the COVID-19 pandemic. Still, the pandemic has caused disproportionate harm to communities of color, worsening disparities in health and economic well-being. Just as public policies entrenched systemic racism, they can be used to dismantle it.