NMSR News:
SANTA FE — Republican members of the Revenue Stabilization & Tax Policy (RSTP) interim committee recently sent a letter proposing much-deserved tax relief for New Mexico taxpayers.
Specifically, the letter asks that the committee consider providing a ‘Citizens Tax Rebate’ to every New Mexico taxpayer, funded by excess tax revenues the state collects. Instead of returning these dollars to the hard-working New Mexicans who contribute them, these excess revenues have instead been used to grow the state budget from $6.3B in FY19 to $11.4B for the upcoming FY27, a growth of nearly Read More















NMFD News: