Santa Fe New Mexican--Instead, we should repeal the failed trickle-down tax breaks that were handed to the well-connected and big out-of-state corporations over the past two decades. Not only would this make us far less dependent on revenue from oil and gas, it would make our tax system more equitable for everyday working New Mexicans and more stable.
KRWG--The COVID-19 pandemic is squeezing New Mexico’s already tight state budget, as vital tax revenue drops during the recession. At the same time, oil and gas companies in New Mexico and across the West are filing for bankruptcy, leaving behind orphaned wells and leaving New Mexicans with the unpaid bill for cleaning them up.
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.
During this public health emergency, New Mexico needs to do all it can to shore up essential services, take care of frontline workers, and extend a hand to New Mexicans who are sick, unable to work, or struggling to provide for their families. But falling tax revenue has put at risk New Mexico’s ability to protect our communities. While the path forward won’t be easy, lawmakers can steer us toward an equitable recovery by putting families first.
The COVID-19 pandemic has laid bare the brutal truth that the economic divide between the haves and have-nots – caused by centuries of discrimination and enshrined in unfettered capitalism – is not simply a quality-of-life matter. It is, in fact, a matter of life and death.
Even with social distancing, the coronavirus pandemic has made it clear how interconnected we all are – that the health of an entire community is dependent on the health of each of its members. For the community to be healthy, everyone must have access to health care, shelter, and nutritious food.
Albuquerque Journal--Each year in New Mexico, oil and gas companies waste hundreds of millions of dollars’ worth of natural gas through venting, flaring and leaks, all of which worsens air pollution and costs the state more than $43 million in royalty and tax revenue. That is enough revenue to increase pre-K enrollment by 80% and offer more than 7,000 additional New Mexico kids access to quality early childhood education.
On Wednesday, Governor Michelle Lujan Grisham took the necessary step of declaring a state of emergency in New Mexico in order to address the coronavirus (COVID-19) pandemic. As the state moves forward with immediate activity to address the health implications of this global pandemic, we also urge lawmakers to consider enacting policies that will help mitigate its economic fallout for families and children in New Mexico.
New Mexico’s kids are getting short changed when it comes to funding for education and other important services. This gif-splainer breaks down why New Mexico is losing out on billions it could be using for an education moon shot.