Santa Fe New Mexican--We support the proposed 3% tax because it’s a fair solution that asks those with plenty to help ensure all Santa Fe families and children have opportunities to thrive in the community they call home. The proposed 3% tax will generate an estimated $6 million per year to support working families in finding homes in Santa Fe, building wealth and raising their children here.
During the height of the COVID-19 pandemic, economic assistance policies like the expanded federal Child Tax Credit resulted in a record decline in child poverty. Now, with the end of COVID-era assistance, the nation saw a record increase in child poverty – clearly showing us that poverty is a policy choice.
Rio Rancho Observer--New Mexico’s children deserve every opportunity to thrive and reach their full potential. With the critical funding our Legislature appropriated, these programs will reduce childhood poverty and improve educational outcomes for children. They will also expand economic opportunities for families across New Mexico. And we know that kids do better when families have the resources they need.
KRWG--For far too long, antiquated policies under the current leasing system have left our families on the hook to pay to clean up messes left behind by bankrupt oil and gas companies – messes involving orphaned wells with decaying and leaking infrastructure that can pollute our air and water. This has robbed our communities of tax dollars that could have been put to use improving our children’s classrooms, and our hospitals and roadways.
Most of us were taught at a fairly young age the importance of cleaning up the messes we make. But unfortunately, many American industries are not held to the same standards we set for our children. Chief among these is the oil and gas industry. This GIF-splainer looks at why that is and what it costs us.
Another Tax Day has come and gone, which makes it a great time to mention some of the improvements our state leaders have made to our tax system over the last several years. The big news is the creation and expansion of our Child Tax Credit, which we know is one of the best and most effective ways to help our families and their growing children.
Santa Fe New Mexican--New Mexico’s greatest asset is its cultural, ethnic and racial diversity. Our people are the heart of our state, and now, our Legislature is recognizing that in a big way. It’s not an exaggeration to say the tax omnibus bill currently under consideration (House Bill 547) does more to improve economic opportunity and equity in our tax code than any legislation in our state’s history.
New Mexico is leading the way in providing all students with tuition-free higher education, and the Opportunity Scholarship has already shown results. That's why the Senate Finance Committee should fully fund the Opportunity Scholarship and keep it free of any guardrail language regarding its administration.
This tax cut was sold to New Mexicans as the next great job-creator. But, like most trickle-down economic strategies, it failed on a massive scale. It's past time to repeal this ineffective give-away that mostly benefits those at the very top.