Taking a Look at Taxes in New Mexico!

This article appeared in ABQ Biz First on Monday, March 5, 2018. Albuquerque’s City Council will soon vote on yet another gross receipts tax (GRT) hike. If adopted, the rate will have risen from 5.8125 percent to 7.875 percent, a nearly 52 percent increase, since...

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Film subsidy expansion would drain state’s coffers

Strong growth in the oil patch has given New Mexico’s legislators a little “new money” to spend. There is no shortage of ways that our Legislature has cooked up in order to spend it, but perhaps the worst idea of them all is to eliminate the $50 million cap on annual...

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‘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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