Oct 01 2021

Everything you need to know about the Child Tax Credit – and possibly a little more

2021-10-01T12:32:56-06:00Economic Security News Coverage, News Coverage, Tax and Budget News Coverage|

The U.S. Census Bureau is collecting data on how families are spending their monthly payments, so we know that the majority of the spending is going toward food. Wallin said that’s a good sign for a state that’s long struggled with childhood food insecurity. “We’re just glad to see that this relief is helping the families’ most basic needs,” she said.

Sep 23 2021

Fix oil and gas leasing system before new sales

2021-09-28T13:30:02-06:00Blog Posts, Education Blog, Education News Coverage, News Coverage, Tax and Budget Blog, Tax and Budget News Coverage|

In New Mexico, we have lived through many boom-and-bust cycles of the oil and gas industry. But recent years have shown just how much we need to break this cycle - particularly as we plan for the transition from oil and gas to clean energy - by tipping the scales away from the oil and gas corporations and back toward New Mexicans who have shouldered the consequences.

May 26 2021

New Mexico stuck with $8 billion in cleanup for oil wells, highlighting dangers from fossil fuel dependence

2021-06-02T15:00:50-06:00Health News Coverage, News Coverage, Tax and Budget News Coverage|

The state has long suffered from the roller coaster cycles of extractive industry, according to James Jimenez, executive director of New Mexico Voices for Children, a health, education, and economic advocacy organization. “We’ve made policy choices in boom times that have really exacerbated our over-dependence on oil and natural gas revenues,” Jimenez told DeSmog.

May 19 2021

Back to the well

2021-05-20T15:14:49-06:00News Coverage, Tax and Budget News Coverage|

“We have oil and gas, and so we have chosen to provide tax cuts in other areas,” said Bill Jordan, the government relations officer at New Mexico Voices for Children, an advocacy group. “Other states have figured out how to pay the bills … and they do it without oil and gas.”

Mar 26 2021

State and federal child tax credits improve equity for children of color in the state

2021-04-01T09:48:48-06:00Economic Security News Coverage, News Coverage, Racial and Ethnic Equity News Coverage, Tax and Budget News Coverage|

Because 75 percent of New Mexico’s children are children of color and a disproportionate share of people of color live below the poverty level, the new tax credits that families will be able to collect will bring greater equity to New Mexico families and children of color, Jimenez said. “Tax policy is not race neutral,” he said.

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