Dec 15 2020

Tax Policy: A Powerful Tool to Advance Racial Equity in New Mexico

2021-08-25T14:54:50-06:00Economic Security Publications, Health Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Report Systemic racism isn't accidental - it's the result of public policies that benefit one group while disadvantaging others. Our state and national tax systems have been built to benefit those at the top (who are mostly white) while disadvantaging people of color. This report looks at concrete ways New Mexico can make our tax system more equitable. (State-level data on disparities in income, wealth, home ownership, and tax incidence by race and ethnicity)

Nov 10 2020

The Working Families Tax Credit will help New Mexico bounce back

2021-08-30T15:30:43-06:00Economic Security Publications, Health Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Fact Sheet New Mexico's Working Families Tax Credit has long helped families who work hard but are struggling to make ends meet. Given the crises of the pandemic and its resulting recession, it's time to increase and improve this proven anti-poverty solution. (State-level data on the benefits of this tax credit)

Oct 20 2020

Top 10 signs New Mexico’s oil and gas industry won’t save our state budget

2021-08-30T15:31:38-06:00Health Publications, Local Data, Publications, Tax and Budget Publications|

Fact Sheet New Mexico's oil and gas industry is hurting -- and it's not just because of the COVID-19 pandemic. Overproduction and changes in the marketplace have set the industry on a financial decline that began a decade ago. (State-level data on changes to oil and gas production)

Oct 02 2020

Policy, Advocacy, and Child Well-being In New Mexico:

2021-08-25T14:58:34-06:00Economic Security Publications, Health Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Presentation Created for the NM Public Health Association's annual conference, this presentation looks at the intersection of state tax and budget policies with social determinants of health. It gives examples of evidence-based policy solutions that promote racial justice and some tips on how to participate in policy and budget decisions that improve outcomes for kids. (State-level data on some impacts of the COVID-19 pandemic)

Jul 13 2020

2020 Special Session Budget Summary

2021-08-26T15:15:17-06:00Education Publications, Health Publications, Publications, Tax and Budget Publications|

Fact Sheet The New Mexico Legislature was called into a special session on June 18 in order to address revenue shortfalls in the state budget due to the COVID-19 pandemic, economic downturn, and the global drop in oil prices. Although Congress had passed legislation to help the states, New Mexico still had to trim the budget lawmakers had passed in January 2020 by $580 million. This fact sheet shows what got cut and by how much.

Jun 29 2020

Taxing groceries would make New Mexico’s food insecurity problem worse

2023-03-16T15:44:36-06:00Health Publications, Local Data, Publications, Tax and Budget Publications|

Fact Sheet Despite the state having high rates of food insecurity, some lawmakers still talk about bringing back the tax on groceries. This may become an especially easy target as lawmakers look to replace state revenue that has been wiped out due to the COVID-19 pandemic, economy downturn, and drop in oil prices. Here's why they shouldn't. (State-level data on child food insecurity, SNAP usage, and more.)

Jun 24 2020

How the Federal COVID-19 Response Impacts New Mexico: Health Care

2021-08-26T15:16:39-06:00Health Publications, Local Data, Publications, Tax and Budget Publications|

Fact Sheet (eighth in the series) Health care should be universally available in a global pandemic. While the U.S. still seems to be years away from joining the rest of the wealthy nations in guaranteeing this basic right, Congress did approve some financial assistance to states for their Medicaid programs. (State-level data on rates of uninsurance and Medicaid enrollment)

May 19 2020

How the Federal COVID-19 Response Impacts New Mexico: Unemployment Insurance

2021-08-26T15:19:46-06:00Economic Security Publications, Local Data, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Fact Sheet (fifth in the series) The safety measures put in place across the nation to slow the spread of COVID-19 have led to massive worker layoffs. This has, in turn, overwhelmed the ability of most states to keep up with unemployment insurance claims. This fact sheet looks at how the stimulus passed by Congress will help New Mexico's laid-off workers. (State-level data on unemployment)

May 14 2020

How the Federal COVID-19 Response Impacts New Mexico: Fiscal Relief for Tribes, States & Cities

2021-08-26T15:18:49-06:00Economic Security Publications, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications|

Fact Sheet (fourth in the series) Tribes, states, and local governments are facing enormous costs in their attempt to contain, treat, and respond to this unprecedented public health emergency. Simultaneously, tax revenues are falling with the plummeting economic activity. Federal legislation was passed to help address the immense revenue needs for New Mexico and all the other states, but more will be needed in the future.

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