Taking a Look at Taxes in New Mexico!

‘New Money’ won’t solve state’s problems

Lawmakers, bureaucrats, and lobbyists are salivating over the nearly $200 million in "new money" Santa Fe is slated to receive during New Mexico's next fiscal year. But while the worst of our state's fiscal crisis appears to be behind us, caution is called for -- not...

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New Mexico 3rd least free state in US

If you boiled the work of the Rio Grande Foundation down to two words, those words would be "Economic Freedom." The free market think tank Fraser Institute just came out with the latest edition of its Economic Freedom of North America 2017 report which (in its full...

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Deregulating the Albuquerque Economy to Restore Prosperity

(Albuquerque, NM) – With the mandatory paid sick leave ballot measure rejected and a mayoral runoff looming, the Rio Grande Foundation is again pressing for policymakers to consider reforms that will improve the struggling local economy. Numerous data points...

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Time for Santa Feans to reject another tax hike

Santa Feans, this time the entire county, will soon be asked to vote on higher taxes (“County GRT vote quietly approaches,” Aug. 27). Wisely, city residents overwhelmingly rejected the costly and unfair sugary-drinks tax back in May, but that doesn’t mean that the...

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Eddy County tax hike uncalled for

The following article appeared recently in the Carlsbad and Artesia newspapers. Citizens of one of New Mexico’s most conservative counties, Eddy, will vote in a mail-in election “on” September 26. At issue are two 1/8th cent tax hikes that had been passed by the...

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No need for City of Albuquerque Gas Tax

Albuquerque City Councilor Isaac Benton’s proposal to create a 2 cents-per-gallon gas tax will be voted on by the full council on June 5. If enacted, the tax would be a net negative for the city of Albuquerque. Aside from adding to an already-high local tax burden and...

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