Tax and Budget Blog – New Mexico Voices for Children

Nov 03 2018

The next governor should improve our tax system and increase wages

Web Admin 2018-11-05T16:30:08+00:00 Blog Posts, Economic Security Blog, Economic Security News Coverage, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

First, we recommend that the new governor work to make our tax system fairer and more stable. Thanks to 15 years of failed trickle-down tax cuts, New Mexico is now much too dependent on revenue from oil and natural gas extraction to fund our state services like education and public safety. But the amount of revenue we collect from oil production is based on prices that are set at the global level, so we’re stuck in a boom-or-bust cycle.

Apr 17 2018

Celebrate Democracy: It’s Tax Day!

Web Admin 2018-06-08T15:54:52+00:00 Blog Posts, Tax and Budget Blog|

Call me crazy but I really enjoy Tax Day because I am truly proud to pay taxes. If voting during Election Day is a self-expression of our values, then filing our tax returns on Tax Day is the method through which we celebrate those values. Taxes provide the resources to make shared investments in the things we all care about like a cleaner environment, public health, and quality schools.

Apr 06 2018

Imagine not being counted

Web Admin 2018-06-08T15:41:21+00:00 Blog Posts, Human Rights/Civic Participation Blog, Tax and Budget Blog|

The recent decision to include a question on citizenship status in the 2020 decennial Census is certain to increase the number of people who won’t respond to the census. And that’s exactly the political motivation behind the decision to include a question that hasn’t been asked since 1950. This change will be particularly bad for New Mexico.

Feb 06 2018

It’s time for us to invest in what works

Bill Jordan 2018-06-14T18:06:37+00:00 Blog Posts, Economic Security Blog, Tax and Budget Blog|

Bill Jordan spoke at the Second Annual People's Rally. His comments are posted here. "Our years of austerity just so that the rich and well-connected can get tax cuts ― those days are over! It’s time for us to invest in what works. It’s time to invest in New Mexico."

Feb 03 2018

Invest new dollars in New Mexico

Kenneth J. Martinez, PsyD 2018-06-14T18:07:43+00:00 Blog Posts, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

We seem to finally have crawled out of the revenue ravine, and some legislators want to place us back on the edge of that same fiscal precipice? Sounds suicidal.

Jan 13 2018

Prosperity is not possible without investment

James Jimenez 2018-05-02T16:28:28+00:00 Blog Posts, Economic Security Blog, Economic Security News Coverage, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

We all want a prosperous state, but prosperity requires investments. You can’t grow a garden without good soil, sunlight, water, and some hard work. Same with a state—you can’t have prosperity without resources, infrastructure, and a skilled workforce. But instead of following an investment strategy to prosperity, New Mexico has tried to cut its way to prosperity.

Dec 24 2017

The Congressional Tax Plan and what’s at Stake for New Mexicans (Part 3 of 3)

Raphael Pacheco 2018-04-03T12:39:01+00:00 Blog Posts, Tax and Budget Blog|

In the final part in our series on the just-passed federal tax reform, Raphael Pacheco takes a look at how the legislation may impact New Mexico's budget. (Spoiler alert: it's not good.)

Dec 23 2017

The Congressional Tax Plan and what’s at Stake for New Mexicans (Part 2 of 3)

Raphael Pacheco 2018-04-03T12:39:01+00:00 Blog Posts, Tax and Budget Blog|

In Part 1 of our blog series, Raphael Pacheco gave us an overview of the federal tax bill. Now in Part 2, he gets down to the nitty-gritty and how the various provisions of the tax bill may impact you.

Dec 22 2017

The Congressional Tax Plan and what’s at Stake for New Mexicans (Part 1 of 3)

Raphael Pacheco 2018-04-03T12:39:01+00:00 Blog Posts, Tax and Budget Blog|

The long-awaited federal tax reform is now law. So what does it mean for you and your family? Researcher and Analyst Raphael Pacheco takes a look in this first installment of a three-part blog.

Oct 10 2017

Democracy and lots of money are at stake for New Mexico in the upcoming census

Amber Wallin 2018-04-03T12:39:04+00:00 Blog Posts, Economic Security Blog, Human Rights/Civic Participation Blog, Kids Count Blog, Tax and Budget Blog|

When it comes to the census, it pays to be counted. The next big census is less than three years away, and a lot is at stake for New Mexico. Besides being used to determine voting districts, data from the 2020 census will translate to almost $3,000 coming into the state per person, per year for the next decade.