Senate committee: Hike cigarette tax to help schools
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A key Senate committee on Tuesday night pushed ahead a proposal to nearly double New Mexico’s tax on cigarettes to raise money for public schools. Continue Reading
Amazon to begin charging tax on NM-bound purchases
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New Mexicans shopping on Amazon.com will soon find a state tax added to their bill. Continue Reading
GOP’s Senate leader expects deal on revenue, budget
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The state faces a shortage of $120 million just to pay for services, and it needs another $200 million to bring cash reserves above 3 percent. Continue Reading
Guv vows veto if Senate-approved gas tax hike reaches her desk
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The measure would raise about $180 million annually through a range of taxes and fees. Continue Reading
State legislation could block sugary drinks tax, Santa Fe mayor fears
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Javier Gonzales showed up at the state Capitol on Wednesday to testify against HB 430, but the hearing was delayed. Continue Reading
Want to champion public schools and students? Raise revenue now.
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Our state’s Republican governor wanted legislators to balance the state’s budget by taking $1,190 out of a beginning teacher’s $34,000 salary. Continue Reading
Senate committee OKs House tax bill over health providers’ objections
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House Bill 202 is part of an effort to bring in revenue from the fastest-growing part of the state’s economy — physicians, hospitals and clinics, most of which now pay little or no gross receipts tax. Continue Reading
Tax vetoes would force more cuts to essential services, Sen. Smith warns
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‘We’re out of places to find additional dollars,’ says Sen. John Arthur Smith, D-Deming, the state Senate’s leading budget hawk. Continue Reading
Haussamen on Trump’s borderland impact, the legislative session
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NMPolitics.net editor and publisher Heath Haussamen joined others on the television show New Mexico Now this week. Continue Reading
Invest in NM by raising revenue for jobs, education and safety
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We can raise the revenue needed to stop further cuts and avoid another credit downgrade without hurting our ability to create good jobs. Continue Reading
NM House passes budget, tax-hike package
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The plan would boost funding for classrooms and the courts while cutting money for colleges and universities. It would also raise some taxes and fees. Continue Reading
Instead of senseless tax hikes, reform bloated government
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Government at all levels in New Mexico remains far bigger than it is in any of our neighbors or in almost any other state. Continue Reading
We need to close tax loopholes and modernize our tax code
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It’s important to both maintain or even expand state programs and build cash reserves. Continue Reading
Democrats push tax hike, budget bills to House floor
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The tax bill would bring in an estimated $265 million in ongoing revenue to help balance the state’s budget. Continue Reading
House Dems propose tax, fee hikes to raise state revenues
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Democrats in the N.M. House of Representatives have identified four tax or fee increases they say would prevent more cuts to education and put the state on better financial footing. Continue Reading