{"id":7064,"date":"2009-09-29T15:51:36","date_gmt":"2009-09-29T21:51:36","guid":{"rendered":"http:\/\/www.nmpolitics.net\/index\/?p=7064"},"modified":"2009-09-29T15:52:20","modified_gmt":"2009-09-29T21:52:20","slug":"newspaper-analysis-highlights-nm%e2%80%99s-drop-in-tax-revenue","status":"publish","type":"post","link":"https:\/\/nmpolitics.net\/index\/2009\/09\/newspaper-analysis-highlights-nm%e2%80%99s-drop-in-tax-revenue\/","title":{"rendered":"Newspaper highlights NM\u2019s drop in tax revenue"},"content":{"rendered":"<div id=\"attachment_5991\"  class=\"wp-caption module image alignright\" style=\"max-width: 300px;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5991 \" title=\"Roundhouse\" src=\"http:\/\/www.nmpolitics.net\/index\/wp-content\/uploads\/2009\/09\/Roundhouse.jpg\" alt=\"The Roundhouse in Santa Fe (Photo by cjc4454\/flickr.com)\" width=\"300\" height=\"227\" \/><p class=\"wp-caption-text\">The Roundhouse in Santa Fe (Photo by cjc4454\/flickr.com)<\/p><\/div>\n<p>New Mexico\u2019s state tax revenue fell more than any other state except Alaska between the second quarters of 2008 and 2009, according to <a href=\"http:\/\/blogs.wsj.com\/economics\/2009\/09\/29\/tax-revenue-tumbles-change-in-receipts-by-state\/?blog_id=8&amp;post_id=7152\">a Wall Street Journal analysis<\/a> published today.<\/p>\n<p>New Mexico, whose leaders are currently working to plug a budget deficit of several hundred million dollars, saw a 31 percent drop in tax revenue from the second quarter of 2008 to the second quarter of 2009, according to the Journal. That included a 15 percent drop in sales tax revenue during that time and a 59 percent drop in revenue from individual income tax.<\/p>\n<p>Only Alaska was in a worse situation. That state saw its tax revenue drop 87 percent.<\/p>\n<p>Overall, state tax revenues across the nation dropped 17 percent, and only Vermont saw a gain &#8212; 2 percent.<\/p>\n<p>The Journal used Census Bureau numbers for its analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Mexico\u2019s state tax revenue fell more than any other state except Alaska between the second quarters of 2008 and 2009, according to a Wall Street Journal analysis published today.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,1],"tags":[118,107],"class_list":["post-7064","post","type-post","status-publish","format-standard","hentry","category-news-and-analysis","category-uncategorized","tag-economy","tag-roundhouse"],"_links":{"self":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/posts\/7064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/comments?post=7064"}],"version-history":[{"count":0,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/posts\/7064\/revisions"}],"wp:attachment":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/media?parent=7064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/categories?post=7064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/tags?post=7064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}