Tax and Budget Blog

Jun 09 2025

Once again, N.M. ranks 50th for kids; this must change

Alex McCausland2025-06-12T18:18:02-06:00Blog Posts, Economic Security Blog, Economic Security News Coverage, Education News Coverage, Health Blog, Health News Coverage, Kids Count Blog, Kids Count News Coverage, News Coverage, Racial and Ethnic Equity Blog, Racial and Ethnic Equity News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

Santa Fe New Mexican--New Mexicans are a people of strength, resilience and deep-rooted pride — shaped by our commitment to community and our dedication to the well-being of families. That’s why it’s painful to reconcile our values with the news in this week’s release of state rankings on child well-being from the Annie E. Casey Foundation’s annual Kids Count Data Book. Once again, New Mexico is ranked 50th. Two things are true: Progress takes time — and our children can’t afford to wait.

May 21 2025

Support New Mexico’s Kids, Not Billionaires

Alex McCausland2025-05-21T16:53:05-06:00Blog Posts, Economic Security Blog, Education Blog, Health Blog, Tax and Budget Blog|

By Paige Knight May 16, 2025 New Mexico’s kids - not billionaires - should be the beneficiaries of the natural resources that belong to us all. Yet, under Congressional Republicans' current budget proposal, oil [...]

Mar 17 2025

Tax bill further improves fairness by putting people over profits

Alex McCausland2025-03-17T16:07:41-06:00Blog Posts, Economic Security Blog, Tax and Budget Blog|

By Paige Knight March 17, 2025 Our people are our greatest asset. When we prioritize them in tax policy, we provide New Mexicans of all ages greater opportunity for prosperity and economic well-being. This [...]

Jun 03 2024

Student op-ed on taxes misses the big picture

Web Admin2024-06-03T12:01:38-06:00Blog Posts, Economic Security Blog, Tax and Budget Blog|

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.

May 12 2024

A Mother’s Day wish: A better future for moms and kids

Web Admin2024-05-13T09:58:48-06:00Blog Posts, Economic Security Blog, Economic Security News Coverage, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

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.

Apr 13 2024

On Tax Day, New Mexicans can be thankful

Web Admin2024-04-15T13:11:39-06:00Blog Posts, Economic Security Blog, Economic Security News Coverage, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

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.

Mar 26 2024

New Mexico is Right to Hold Out for Higher Prices for its Most Valuable Commodity

Web Admin2024-03-26T13:40:56-06:00Blog Posts, Education Blog, Education News Coverage, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

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.

Feb 21 2024

As They Say in Hollywood, ‘That’s a Wrap’

Web Admin2024-02-21T10:53:32-07:00Blog Posts, Economic Security Blog, Education Blog, Health Blog, Tax and Budget Blog|

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.

Jan 27 2024

Move toward a healthier New Mexico

Web Admin2024-01-29T16:01:46-07:00Blog Posts, Health Blog, Health News Coverage, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

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.

Jan 23 2024

Capital gains GIF-splained: What’s wrong with this deduction and why it needs to go

Web Admin2024-01-23T15:54:11-07:00Blog Posts, Racial and Ethnic Equity Blog, Tax and Budget Blog|

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.