tax cuts /tags/tax-cuts tax cuts en-US Copyright Mon, 11 Mar 2024 21:36:01 GMT All New Mexicans will pay less income tax after first major change in nearly 20 years /2024-03-11/all-new-mexicans-will-pay-less-income-tax-after-first-major-change-in-nearly-20-years Starting in the 2025 tax year, New Mexicans will see the impact of the first major adjustment to the state’s income tax structure since 2005. All state taxpayers will owe less, but especially those who make the least. Mon, 11 Mar 2024 21:36:01 GMT /2024-03-11/all-new-mexicans-will-pay-less-income-tax-after-first-major-change-in-nearly-20-years Nash Jones Lawmakers propose far less tax relief after governor vetoed most of last year’s package /local-news/2024-01-08/lawmakers-propose-far-less-tax-relief-after-governor-vetoed-most-of-last-years-package After the governor made massive cuts to the Legislature’s tax relief bill last year, lawmakers are proposing an even more conservative approach than she is this time around. Mon, 08 Jan 2024 23:38:22 GMT /local-news/2024-01-08/lawmakers-propose-far-less-tax-relief-after-governor-vetoed-most-of-last-years-package Nash Jones What is tax pyramiding and why are there efforts to curtail it? /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 Advocate calls for equity as NM lawmakers debate tax reforms /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 Your NM Gov: Ep. 16 With Matt Grubs /kunm-news-update/2020-02-11/your-nm-gov-ep-16-with-matt-grubs Matt Grubs from New Mexico PBS breaks down the decision by the house to table House Bills 29 and 77. The bills would provide a tax break to all New… Tue, 11 Feb 2020 06:00:50 GMT /kunm-news-update/2020-02-11/your-nm-gov-ep-16-with-matt-grubs Khalil Ekulona