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The New Mexico Independent going forward

By | 11.16.11

I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…

New Mexico’s largest university low in popularity

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By | 11.10.11

Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.

Newspaper analysis highlights NM’s drop in tax revenue

By | 09.29.09 | 4:17 pm

New Mexico’s state tax revenue fell more than any other state except Alaska between the second quarters of 2008 and 2009, according to a Wall Street Journal analysis.

New Mexico, whose leaders are currently working to plug a budget deficit of several hundred million dollars, saw a 31 percent drop in tax revenue from the second quarter of 2008 to the second quarter of 2009, according to the Journal. That included a 15 percent drop in sales tax revenue during that time and a 59 percent drop in revenue from individual income tax.

Only Alaska was in a worse situation. That state saw its tax revenue drop 87 percent.

Overall, state tax revenues across the nation dropped 17 percent, and only Vermont saw a gain — 2 percent.

The Journal used Census Bureau numbers for its analysis.

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