This report is a part of a series, "The One Big Beautiful Bill Act Will Harm New Mexico Families and Children: Analysis and Policy Recommendations to Mitigate Impacts," which compiles all the policy changes [...]
Report The OBBBA restricts and phases out many environmental and climate-related tax credits and incentives from the 2022 Inflation Reduction Act (IRA) that will have far-reaching consequences for New Mexico.
Report The One Big Beautiful Bill Act (OBBBA) prioritizes massive tax breaks for corporations and the ultra-wealthy while making devastating cuts to the programs and services that have helped New Mexico's families and children stay healthy and make ends meet. This report serves as a guide for New Mexico advocates, lawmakers, and community members to broadly understand and assess the impacts of the harmful federal policies that have already been implemented, and create an action plan for the remaining changes on the horizon.
Now that the One Big Beautiful Bill Act (OBBBA) has been signed into law, New Mexico lawmakers will be forced to defend against cuts to the income support programs that lift many of our families and children out of deep poverty. This page is a regularly updated timeline of the SNAP and Medicaid policy changes in the OBBBA, along with analysis of how these changes will impact New Mexico.
By Emily Wildau, MPP Download this report (May 2025; 8 pgs; pdf) Download the first report in this series, “Understanding the Impact of Income Supports in the Data” (Nov. 2024; 16 pgs; pdf) Download [...]
NM KIDS COUNT Data Book Child well-being continues improving in New Mexico, thanks to investments by our lawmakers. 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.)
Report The second in the "From Poverty to Prosperity" series, this report looks at how refundable tax credits help families and children, especially those earning low incomes. (State-level data on several tax credits impacting families as well as tax incidence by income group.)
Fact Sheet New Mexico now has the ninth most progressive tax system in the nation as ranked by ITEP’s recently updated Who Pays? report on tax incidence. That same report showed New Mexico as making the most progress toward tax fairness in the nation! This fact sheet explains why. (State-level data on effective tax rates by income group.)
Fact Sheet In recent years, increases and expansions of income supports have made a big difference for families who are working their way out of poverty. When the value of these programs are taken into account it is clear that families earning low incomes are receiving the supports needed to help lift them out of poverty in New Mexico. (State-level data on poverty and labor force participation rates.)
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)