Discussion Topic: Tax & Budget

Come up with a better alternative, Mr. Terrazas

The Rio Grande Foundation has clear and specific views on economic policy. We support concepts like “right to work,” school choice, and others that reduce government’s role in the economy and in picking winners and losers. There are valid critiques…

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Gov. Martinez was Right to Wield Veto Pen

There has been a lot of criticism of Gov. Martinez in the wake of her use of the veto pen in the wake of the 2017 legislative session. Tough economic times are not fun and New Mexico (unlike most other states in the union) remains in the midst of tough times….

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‘Soda Tax’ Unwarranted, Unworkable

ALBUQUERQUE, April 17 — The “No Way Santa Fe” education initiative, a project of the Rio Grande Foundation, released an issue brief today that exposes the fallacies behind Mayor Javier Gonzales’s proposed tax on sugary drinks. On May 2, Santa Feans will vote on…

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Why target sugary drinks for such extreme taxes?

The Rio Grande Foundation has long advocated for lowering New Mexico’s tax on beer (the excise tax on beer is 41 cents/gallon, among the nation’s highest). The RGF supported lowering the tax to 8 cents/gallon and opposed recent efforts to raise the tax….

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Give voters a say on yet another tax increase

Bernalillo County is coming after your wallets – again. The latest money grab is for a 3/16ths percent increase in the gross receipts tax. Since 2000, the local GRT burden has jumped from 5.8125 percent to 7.3125 percent. This latest proposal would bring the tax rate…

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New Mexico Liberals’ Tax Hypocrisy

A version of the op-ed below ran in The Los Alamos Monitor on March 12. What makes a tax “good” or “bad?” Fairness is often in the eye of the beholder. Should the wealthy pay more, as a percentage of their income? If so, a tax is said to be…

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