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The expansion of the federal child tax credit in 2021 made a dent in how many U.S. children are living in poverty, but it ended after just one year. New Mexico, a state with the second highest child poverty rate in the country, quickly passed its own version of the tax relief for people with children last year. While parents won’t see the benefits of the state credit until they file taxes next year, lawmakers are already debating whether to increase it.
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Significant tax reforms are expected to move through the Roundhouse this year with bipartisan support. Bill Jordan with New Mexico Voices for Children is calling for lawmakers to create a more equitable tax code — not only with an eye towards income levels, but race and gender as well.
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Bills are heading to the legislature that would raise taxes on alcohol and tobacco. Advocates say the higher prices, and the prevention campaigns they’ll fund, will help curb use in a state that struggles with alcoholism and teen nicotine use. But some lawmakers pushed back on that assumption in a hearing of the Revenue Stabilization & Tax Policy Committee Tuesday.
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The national unemployment rate dropped in July to just over 10%, while New Mexico’s unemployment rate rose in that period to just over 12%. One reason is…
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A bill that would legalize recreational marijuana in New Mexico stalled in the Senate last year. Over the summer, Gov. Michelle Lujan Grisham convened a…
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On a chilly night deep in the South Valley right along the Albuquerque city limits, a group of people dressed in heavy coats gathered on a street corner.…
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Voter turnout was high around the state on Tuesday, Nov. 5, as people cast ballots for their local leaders. In Albuquerque, even though there were…
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New Mexico has had the country’s highest rate of alcohol-related deaths for more than 20 years. And last year it only got worse. More than fifteen hundred…
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Let's Talk New Mexico 3/14 8a: The 2019 state legislative session ends this weekend and lawmakers have been busy. Background checks for gun sales,…
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Santa Fe residents are voting on whether to renew funding for computer and technology access for schools. The special mail-in election ends next Tuesday,…