Expanding New Mexico’s Best Anti-Poverty Program
These tax credits reduce poverty, improve outcomes for children, and incentivize employment for workers earning low incomes. A growing body of research shows that tax credits like the EITC and WFTC improve the health and well-being of the families and children who receive them.
Making New Mexico Count in Census 2020
Policy brief An inaccurate 2020 Census could negatively impact New Mexico’s democratic representation, economy, and the health, education, and economic security of our kids and families. Young children are uniquely at risk of being under-counted. This policy brief looks at why and what can be done to ensure a full count.
2019 New Mexico KIDS COUNT Data Book
Report We're seeing good news and bad news in this annual publication of the latest data on child well-being in New Mexico. While the child poverty rate has improved, for example, New Mexico still ranks near the bottom of the nation on this indicator. Besides data, policy recommendations are included so the state can take action to improve child well-being. (An annual KIDS COUNT report; state-, county-, tribal-, and school district-level data on indicators of child well-being; data by race and ethnicity where available)
It’s Time to Repeal the Capital Gains Deduction
Fact sheet New Mexico gives a big, unnecessary tax break to those with capital gains income. This tax break allows people to deduct 40 percent of their capital gains income from their state taxes, meaning this unearned income is taxed at a lower rate than the hard-earned wages of ordinary New Mexicans.
A Guide to New Mexico’s Tax System
Guide The taxes we all pay are how we fund the state’s programs and public services that benefit us collectively. They are how we build our roads, bridges, waterlines, electrical grids, and how we educate our children, advance public health, and uphold our laws. These programs and services form the foundation of our economy, enhance our quality of life, and pay dividends far into the future.
A Guide to New Mexico’s State Budget
Guide Our state budget is a reflection of what we value most and an illustration of the kind of communities we wish to create. How we spend and allocate funding – basically, how we make our values a reality – is decided by the lawmakers we elect to represent us in Santa Fe. They create the annual budget that the state uses to provide services that benefit us collectively, like education and health care.
Only Wealthy Immigrants Need Apply: The Chilling Effects of “Public Charge”
Policy brief The Trump Administration is trying to change an immigration rule that would harm families and children -- even those family members and kids who are U.S. citizens. This policy brief, co-released with the Fiscal Policy Institute of New York, takes a look at how changes to "public charge" would harm families and New Mexico's economy. (State-level data on fiscal and economic impacts of federal rule change.)
Ensuring a Fair Share: Modernizing Federal Oil and Gas Revenue Policies
Policy Brief New Mexico’s school children are not getting their fair share of oil and gas revenues. That’s because the rental and royalty rates for drilling on federal lands are beyond outdated; some have not been revised in nearly a century. (State-level data on oil and gas production)
The Working Families Tax Credit is a Smart Investment in a Healthier New Mexico
Fact Sheet Improving the Working Families Tax Credit would put more money back into the hands of New Mexico’s hard-working families – and the businesses where they will spend it. (State-level data on Working Families Tax Credit recipients.)
Improving Child Well-Being Through Tax Policy
Presentation Fairer tax policies can help to lift our children and families out of poverty and improve child well-being across New Mexico as shown in this presentation to the Legislature's interim tax committee.