Discussion Topic: Tax & Budget

Santa Fe Spending Binge Kicks Into High Gear

Santa Fe Spending Binge Kicks Into High Gear

The Legislative Finance Committee has published the requests of New Mexico government agencies for FY 2021. Last year the Legislature increased general fund spending by a robust 12 percent, but with oil production growing rapidly and prices per-barrel holding stable,...

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Albuquerque Voters Could Lower Their Taxes in Local Election

Albuquerque Voters Could Lower Their Taxes in Local Election

Early voting in Albuquerque's municipal elections begins Saturday. Find out where to go here. There are some very important issues on local ballots including bonds and renewal of a 1/4 cent gross receipts tax that is supposed to go for transportation, but 38% of which...

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No Need for New Permanent Fund in New Mexico

No Need for New Permanent Fund in New Mexico

The following appeared in the Las Cruces Sun-News on September 15. While there are a number of bad ideas being put forth in Santa Fe to use a portion of the oil and gas surplus, the idea of creating a new permanent fund Budget analysts in New Mexico expect the...

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NM spends 2nd most in nation on higher education ALREADY

NM spends 2nd most in nation on higher education ALREADY

With Gov. Lujan-Grisham having proposed "free" college, it is worth noting that New Mexico already spends more per $1,000 of personal income than any other state in the nation beside Wyoming. What results have those dollars generated? Will "free" college make a big...

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Time is Right to Reform New Mexico’s Tax Code

Time is Right to Reform New Mexico’s Tax Code

New Mexico has a golden opportunity right now. The discovery of incredible oil riches in the Southeastern part of our State is not just a once-in-a-generation opportunity. Rather, it is the kind of thing that happens only rarely in the history of any state or nation....

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