Report Young parents make up a very small share of New Mexico's population and they face unique challenges and barriers to success. This report looks at how this subpopulation is faring. (State-level data on the demographics of parents and young adults on indicators such as economic security, educational attainment, etc.)
Post-session Review Many of the policies enacted during the 2023 legislative session mean big wins for New Mexico's families. This fact sheet lists some of the highlights, along with some policies that were either not passed or were passed and then vetoed.
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.)
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 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, 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.)
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)
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.
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)