Economic Security & Prosperity Blog
Lawmakers must enact policies to lessen the economic harm of the coronavirus on New Mexico families
On Wednesday, Governor Michelle Lujan Grisham took the necessary step of declaring a state of emergency in New Mexico in order to address the coronavirus (COVID-19) pandemic. As the state moves forward with immediate activity to address the health implications of this global pandemic, we also urge lawmakers to consider enacting policies that will help mitigate its economic fallout for families and children in New Mexico.
Most New Mexico Families Will Get Good News this Tax Season
New Mexico Kids!--In all, the tax package that was passed last year was a win for New Mexico families with children. It also protected revenue that we need for our classrooms, road repairs, and health care while still giving working families a much-needed break. There is still work to be done in 2020 to make the tax system fairer, but 2019 was a great start.
Rule change is a moral outrage we must not tolerate for our nation’s children
This revision is not acceptable, it targets immigrant families who are already residing legally in the United States, and it does not reflect America’s historical tradition of welcoming those seeking to make a better life. But there is still time stop this rule from being implemented.
How the expanded Working Families Tax Credit helps your community
This Labor Day, we're celebrating the expansion of the Working Families Tax Credit during the 2019 legislative session. The 70% increase in the credit will benefit more than 200,000 New Mexico families.
Advancing equity in New Mexico: Family economic security
Several bills were passed during the 2019 legislative session that should improve family economic security. Because these bills were targeted to help families earning low and moderate incomes – and because workers of color and women are disproportionately represented in those wage groups – the bills should also improve equity by helping to ensure that we all have access to the opportunities that help us reach our potential.
Advancing equity in New Mexico: Immigration
Given New Mexico’s substantial immigrant population and that group’s important contributions to our state – which includes paying taxes – it is essential that we enact policies that promote opportunity for all families. During the 2019 New Mexico legislative session, lawmakers passed several bills that will have broad benefits to immigrants, their families, and the state as a whole.
Advancing equity in New Mexico: College affordability
Higher education is one of the most powerful engines of social mobility. Our economy and families thrive, and our future is brighter, when we make adequate, strategic investments in our public universities and colleges and ensure that they are accessible for all youth. But New Mexico has underfunded its public higher education institutions for years, and tuition has increased as a result. New Mexicans of color are among those who are hit the hardest by these budget choices.
Advancing Equity in New Mexico: Tax Policy
The first installment in our series on policies passed during the 2019 legislative session that will improve equity in New Mexico, this blog looks at how tax policies can help close income and wealth disparities that fall along racial lines. Makes sense -- since tax policies helped create those disparities in the first place.
Not the New Mexico tax return you were hoping for? Wait till 2020
When you filed your tax return this year, you may have noticed some changes. Maybe you got a smaller refund than usual or you owed more in state taxes. So what happened to the big fairness measures that the state Legislature just passed?
Not the New Mexico tax return you were hoping for? Wait till 2020
Las Cruces Sun-News--When you filed your tax return this year, you may have noticed some changes. Maybe you got a smaller refund than usual or you owed more in state taxes. So what happened to the big fairness measures that the state Legislature just passed?