Discussion Topic: Tax & Budget

‘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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Explain again why NM needs to raise taxes?

There is a drumbeat emanating from the Capital in Santa Fe, mostly from Democrats, but also from a few Republicans. The message is Our budget is cut to the bone.” The refrain that New Mexico government is somehow starved for revenue may sound logical, but once…

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Medicaid Reform Can Save New Mexico

Recently, U.S. Rep. Michelle Lujan-Grisham joined supporters of Obamacare in protesting the possibility that President Donald Trump will repeal or dramatically alter the law. She is not alone. Liberals are hoping to defend Obamacare, despite public-opinion polls,…

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