Tax Fairness & Budget Adequacy Blog
Tax Day – a time for reflection on all the things New Mexico has done right
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.
Historic tax bill would create economic opportunity
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.
NM should continue to lead the way on higher ed by fully funding the Opportunity Scholarship
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.
23 Roundhouse resolutions for 2023
It's a New Year's resolution bonanza! We've got 23 resolutions for 2023 that we urge lawmakers to consider to improve child well-being in New Mexico.
State must be able to fund future
Santa Fe New Mexican--Because of our over-reliance on a boom-to-bust industry, New Mexico has a structural deficit -- a difference between reliable, recurring revenue and necessary, recurring spending that persists over time.
The Department of the Interior needs to finalize new federal leasing rules
Without important reforms written into rule, DOI’s lease sales could increase the already alarming number of orphaned wells – wells that have been abandoned by oil and gas companies – that pollute New Mexico. That’s because the current bonding amounts are inadequate.
Voters signal support for more than investments in early childhood
Las Cruces Sun-News--The recent election tells us a great deal about how committed New Mexicans are to our children and their families. New Mexico voters have spoken loud and clear — and they want the highest quality early care and education programs fully supported and available to all.
Federal leasing program isn’t working for New Mexico
When the government leases lands at far below market rates and forces taxpayers to cover the cost of cleanup, we’re all missing out on money that is rightfully ours. This is revenue that should be used to pay for books for our schools and teacher salaries, not padding industry profits.
New Mexico families are getting a needed tax break
Santa Fe New Mexican Tax Day 2022 offered a good reminder that lawmakers have made several improvements to our tax code in recent years that are providing important benefits for New Mexicans in need of financial relief.
New Mexico’s children deserve a landscape free of orphaned wells
Carlsbad Current Argus--As proud New Mexicans, we know our state has the best scenery and natural beauty in the nation. While we want to keep it that way, that’s hard to when our landscape is dotted with old, pollution-spewing orphaned oil wells. Here's how to fix this problem.