Taking a Look at Taxes in New Mexico!

Rail Runner Ridership continues decline (KOB Channel 4 story)

With renewal of a gross receipts tax on the ballot in several northern New Mexico counties (Los Alamos, Rio Arriba, Santa Fe and Taos) to fund the Rail Runner and related services, the Rio Grande Foundation requested updated annual ridership information. After years...

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Use budget surplus for tax and pension reform

The following appeared in the Las Cruces Sun-News on Sunday, September 16, 2018 The announcement that New Mexico’s budget for the upcoming fiscal year is now $1.2 billion in surplus is welcome news. After a decade of fiscal and economic challenges, there are signs of...

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Las Cruces Voters Should Reject Big Tax Hike In Bond Election

      The following appeared on KRWG on August 14, 2018 Las Cruces voters are currently casting mail-in ballots to decide the fate of a proposed property-tax hike aimed at generating millions of dollars for various expenditures that proponents claim will improve the...

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Gessing Column: Moody’s downgrade is a warning for NM

The following article appeared at NMPolitics.net on July 6, 2018. COMMENTARY: Despite a $600 million surplus and an unemployment rate that has dropped to an almost-respectable 5.1 percent, New Mexico’s economy is in dire shape. This bearish view of New Mexico’s...

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Holtec could bring high-paying jobs, tax benefits

New Mexico’s elected leaders and many citizens often claim to be interested in “diversifying the economy” and attracting good-paying new jobs to our state. When push comes to shove, however, schizophrenia reigns. Policymakers often outdo themselves throwing subsidies...

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NM needs to use oil and gas bonanza wisely

The following appeared at NMPolitics.net on May 29, 2018. COMMENTARY: New Mexico policymakers and citizens received some good economic news recently. Thanks to the much-maligned process known as fracking, oil production in the Permian Basin in Southeast New Mexico is...

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