How the Federal COVID-19 Response Impacts New Mexico: Small Business Provisions
Fact sheet (third in the series) Small businesses are the backbone of New Mexico's economy. While some of the federal aid packages passed by Congress aim to help small businesses survive the COVID-19 pandemic, few New Mexico businesses are likely to benefit. (State-level data on small business demographics)
How the Federal COVID-19 Response Impacts New Mexico: Food Assistance
Fact sheet (second in the series) With food insecurity already a big problem before the COVID-19 pandemic, the economic slump has only made it worse. Some of the federal aid packages passed by Congress allow states to expand their SNAP programs, which will help. This fact sheet looks at what this means for New Mexico. (State-level data on food insecurity)
How the Federal COVID-19 Response Impacts New Mexico: Stimulus Checks
Fact sheet (first in the series) Stimulus checks – also called rebates – were in one of the aid packages passed by Congress to help Americans during the COVID-19 pandemic and the resulting economic downturn. This fact sheet looks at who gets them, how much they will receive, who is left out, and what is left to be done. (State-level data on factors of economic well-being)
How the Federal COVID-19 Response Impacts New Mexico: Introduction
Fact sheet series introduction Congress has passed several aid packages to help Americans during the COVID-19 pandemic and the resulting economic downturn. This series looks at what's in the aid packages, how they will impact you, your family, community and state, who was left out of the stimulus, and what should come next.
Essential but Excluded
Report Despite the fact that immigrants work, pay taxes, and are a vital part of our economy, many were left out of the relief packages Congress passed to help blunt the coming recession and assist displaced workers and small business owners. Not only is that harmful to many New Mexico children and families, it also will impede our ability to rebuild our economy. (State- and some county-level data on selected demographics, and state-level data on immigrant tax contributions)
It’s Time to Repeal the Capital Gains Deduction
Policy brief New Mexico is one of just nine states to effectively tax capital gains less than the wages and salaries earned by hard-working New Mexicans. Beginning in 2003, those with capital gains income – who are overwhelmingly the wealthiest in New Mexico – were allowed to deduct 50 percent of their capital gains from their state income taxes. In 2019, legislators reduced the amount to 40 percent.
A Guide to New Mexico’s Tax System
Tax 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. (Link to the executive summary here.)
Early Childhood Education Helps All Kids Thrive
Policy brief All New Mexico children deserve to have the opportunities in their most formative years that will help them to thrive and succeed in life. Unfortunately too many kids in New Mexico lack access to such opportunities either because their hard-working families cannot afford them or programs are simply not available in their communities. (State-level data on child and family poverty, and child care costs)
Professional Licensure Means an Inclusive Workforce and a Better Future for New Mexico
Fact sheet Like most states, New Mexico has a shortage of professionals whose occupations require licensure - most notably, doctors, dentist, and teachers. We cannot afford to lose talented professionals, but we are because of federal laws that keep educated and trained immigrants from getting the professional licenses required to practice here. New Mexico needs to follow other states that have removed these barriers.
Ensuring New Mexico’s Kids Have Enough to Eat
Fact sheet New Mexico children face major challenges when it comes to having enough food to eat, but there are common-sense policy solutions that we can take to end food insecurity and improve children's health, well-being, and opportunities to reach their full potential. (State-level data on childhood food insecurity)