The Pros of Privately-Housed Cons: New Evidence on the Cost Savings of Private Prisons

During the three years since its founding, the Rio Grande Foundation has been emphasizing the bad policies that have held New Mexico back compared to other states in the nation and region. Indeed, our constant harping on New Mexico’s high tax rates and their economic consequences may have contributed to a major shift in thinking about tax policy in the state. Now we have good news: There is a major personal income tax rate reduction in the offing.