Mar 09 2023

How tax policies exacerbate racial and ethnic disparities

2023-03-09T16:29:09-07:00Economic Security Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Fact Sheet Decades of structural racism – in everything from education to voting rights, home ownership, and even drug sentencing laws – have advantaged whites while disadvantaging people of color. This has led to huge gaps in income and wealth, and the state's tax system only makes them worse. (State-level data on income, wealth, and tax incidence by race and ethnicity.)

Feb 20 2023

New Mexico’s State and Local Tax System: Who Pays?

2023-03-16T15:35:38-06:00Economic Security Publications, Local Data, Publications, Tax and Budget Publications|

Fact Sheet Most people agree that low-income households shouldn’t pay a higher percentage of their income in taxes than the rich. However, the truth is that those with low and middle incomes do pay a higher share of their income in taxes than the rich in New Mexico. This graphic explains why that is. (State-level data on effective tax rate by income level.)

Jan 18 2023

2022 New Mexico KIDS COUNT Data Book

2024-01-18T14:52:23-07:00Economic Security Publications, Education Publications, Health Publications, Kids Count Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

NM KIDS COUNT Data Book Given the pandemic, child well-being could have taken a great tumble. But, thanks to smart investments at both the state and federal levels, data from 2021 reflect no significant declines – and even some slight improvement. This annual report provides data on numerous child well-being indicators related to economic security, education, health, and family and community, and includes policy solutions. (State-, county-, tribal- and school district-level data on child well-being.)

Jan 16 2023

Increasing the state Child Tax Credit will help New Mexico kids thrive

2024-03-19T15:02:15-06:00Economic Security Publications, Education Publications, Health Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Updated Fact Sheet New Mexico's new state-level CTC is a great start at helping children thrive. Lawmakers should use the legislative session to make a few improvements. (State-level data on how increasing this tax credit would benefit families)

Oct 05 2022

Federal Student Loan Debt Relief and New Mexico Students and Grads

2022-10-05T11:40:09-06:00Economic Security Publications, Education Publications, Publications, Racial and Ethnic Equity Publications|

Policy Brief President Biden’s plan to provide federal student loan debt relief to millions of borrowers is popular – but it’s also a bit complicated. This short policy brief explains what the plan does, who is eligible, and how to apply. There’s even information on changes to Income-Driven Repayment plans and a calendar of deadlines for applications.

Aug 08 2022

New Mexico 2022 KIDS COUNT profile

2023-03-16T15:40:27-06:00Economic Security Publications, Education Publications, Health Publications, Kids Count Publications, Local Data, Publications|

State Data Sheet The national 2022 KIDS COUNT Data Book, released by the Annie E. Casey Foundation, assesses and ranks the 50 states on 16 indicators of child well-being, which are categorized into four domains - economic well-being, education, health, and family and community. New Mexico placed 50th in 2022. (State-level data on indicators of child well-being)

Jun 08 2022

New Mexico is Putting Families First in Tax Policy

2022-08-08T11:26:28-06:00Economic Security Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Fact Sheet Our state’s policy makers made a number of improvements to the tax code since 2019 that will help low- and middle-income New Mexicans, improve equity, and increase economic opportunity for our working families. (State-level data on how recent tax changes will benefit families)

Feb 11 2022

A new state Child Tax Credit would create opportunities for all New Mexico kids to thrive

2022-02-15T17:26:17-07:00Economic Security Publications, Education Publications, Health Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Fact Sheet Many families are still hurting from the pandemic recession. A new state-level Child Tax Credit would help hard-working families and grandparents raising grandchildren, and make our tax system more fair. (State-level data on how this tax credit would benefit families)

Jan 28 2022

Exempting Social Security Income from Taxation: Not Targeted, Not Necessary, Not Cheap

2022-02-02T14:10:35-07:00Economic Security Publications, Local Data, Publications, Tax and Budget Publications|

Fact Sheet Legislation to exempt all Social Security income from state taxes is popular, but it would only help those with the highest incomes because low-income seniors are already not taxed on their Social Security benefits. (State-level data on some aspects of the senior population)

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