/tags/gross-receipts-tax gross receipts tax en-US Copyright Mon, 13 Mar 2023 23:49:29 GMT /local-news/2023-03-13/house-approved-bill-ups-direct-payments-and-eliminates-tax-hike-for-top-nm-earners A tax reform package got the go-ahead from the New Mexico House late Sunday with a few substantial changes. The amended bill increases the amount all taxpayers will get in direct payments and nixes a proposed tax hike for New Mexicans who make the most. Mon, 13 Mar 2023 23:49:29 GMT /local-news/2023-03-13/house-approved-bill-ups-direct-payments-and-eliminates-tax-hike-for-top-nm-earners Nash Jones /local-news/2023-02-14/private-childcare-businesses-call-for-a-tax-break-to-even-out-with-nonprofits Childcare is expensive. But in New Mexico, the Early Childhood Education and Care Department provides subsidies to help contractors meet the needs of many families. All programs that provide the same services in the same type of facility for the same age groups get the same amount, but for-profit providers pay tax on those state dollars that nonprofit and government programs do not. Private providers are now asking the state Legislature to change that. Wed, 15 Feb 2023 04:04:30 GMT /local-news/2023-02-14/private-childcare-businesses-call-for-a-tax-break-to-even-out-with-nonprofits Nash Jones /local-news/2023-01-30/what-is-tax-pyramiding-and-why-are-their-efforts-to-curtail-it Legislation to reduce “pyramiding” in New Mexico’s tax code will likely be proposed this legislative session. While the move could provide relief for small businesses and consumers, it’ll also reduce the recurring revenue of the state’s gross receipts tax. Tue, 31 Jan 2023 02:27:10 GMT /local-news/2023-01-30/what-is-tax-pyramiding-and-why-are-their-efforts-to-curtail-it Nash Jones /local-news/2023-01-25/advocate-calls-for-equity-as-nm-lawmakers-debate-tax-reforms 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. Thu, 26 Jan 2023 01:40:42 GMT /local-news/2023-01-25/advocate-calls-for-equity-as-nm-lawmakers-debate-tax-reforms Nash Jones /local-news/2018-03-06/albuquerque-city-councilors-approve-tax-increase TheAlbuquerque city council voted to raise gross receipts taxes by 0.375 percent Monday night and balance the city’s budget for the next year. The measure… Wed, 07 Mar 2018 01:15:38 GMT /local-news/2018-03-06/albuquerque-city-councilors-approve-tax-increase /public-health-new-mexico/2017-09-19/santa-fe-county-holding-special-election-today Santa Fe County is holding a special election Tuesday to decide whether to raise the gross receipts tax to fund behavioral health services.If voters… Wed, 20 Sep 2017 00:41:22 GMT /public-health-new-mexico/2017-09-19/santa-fe-county-holding-special-election-today Ed Williams /local-news/2017-05-23/special-session-showdown-over-budget-taxes 91���� Call In Show 5/25 8a: Call toll-free 877-899-5866. Lawmakers return to Santa Fe Wednesday for a special legislative session devoted to resolving an… Tue, 23 May 2017 19:54:02 GMT /local-news/2017-05-23/special-session-showdown-over-budget-taxes /local-news/2017-02-03/new-mexicans-wary-of-both-budget-cuts-and-tax-increases State lawmakers in Santa Fe are wrestling with a fiscal crisis. And the debate is familiar: cut spending or raise taxes in order to balance the budget.… Fri, 03 Feb 2017 05:49:06 GMT /local-news/2017-02-03/new-mexicans-wary-of-both-budget-cuts-and-tax-increases /public-health-new-mexico/2016-09-14/santa-fe-county-to-propose-behavioral-health-tax The Santa Fe County Commission will be asking voters if they would support a tax increase to pay for behavioral health services. Commissioners voted to… Wed, 14 Sep 2016 22:01:11 GMT /public-health-new-mexico/2016-09-14/santa-fe-county-to-propose-behavioral-health-tax Ed Williams