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.)
Report New Mexico has expanded early childhood programs and the voters have mandated even more. This report looks at the still-unmet need as well as the science behind these programs. (State-level data on child well-being and unmet early childhood needs.)
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.)
Fact Sheet Profit-minded corporations will happily accept tax breaks, but tax rates aren't a big factor when they consider locating in a new state. Most of what they do consider - a well-educated and skilled workforce, modern infrastructure, good schools, etc., - are the very amenities states support with the tax revenue corporations try not to pay. This fact sheet makes the argument for increasing the taxes corporations pay on the profits earned here. (State-level data on decline of corporate income tax revenue as a share of all tax revenue)
Fact Sheet In New Mexico, the personal income tax is an underutilized tool to raise consistent, sustainable revenue and advance racial equity. This fact sheet looks at how our state and local tax system is upside down. (State-level data on effective tax rates by income levels.)
Fact Sheet New Mexico gives a big, unnecessary tax break to those with capital gains income. This tax break allows people to deduct 40% of their capital gains income from their state taxes, meaning this unearned income is taxed at a lower rate than the hard-earned wages and tips of ordinary New Mexicans. (State-level data on share of capital gains income by income level)
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, New Mexico's children are not fairing much more poorly and in some cases, have seen slight improvements. 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.)
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)
Fact Sheet Climate change puts New Mexicans’ health and well-being at risk. We must take action to help our communities adapt and build a healthy future. (State-level data on problems related to climate change.)
Fact Sheet The pandemic and its recession made food insecurity in New Mexico worse. With an expected budget surplus, our lawmakers can continue to meaningfully tackle food insecurity. (State-level data on food insecurity.)