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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.

Posts Tagged gross reciepts tax

Updated: Senate Finance Committee swaps two tax increases for GRT on food

By | 02.11.10 | 12:15 pm

When it came from the House, the budget called for $300 million dollars more than the state had. To make the numbers add up the House passed controversial tax measures. But the Senate Finance Committee dropped a surtax on high earners and a temporary increase in the gross receipts tax in favor of reinstating the tax on non-staple foods, cutting education and other measures.

Tax hikes pass House, but not without a fight

By | 02.05.10 | 4:13 pm

The first two tax increases to reach the floor of the House made it through on Friday, but not before some strong words on both sides. One bill would temporarily raise the gross receipts tax by .5 percent; the other would raise taxes on the state’s highest earners by 1.5 percent. Both bills could bring in $300 million to state coffers.

GRT tax increase clears first hurdle

By | 02.02.10 | 6:40 pm

The House Taxation and Revenue Committee on Tuesday passed a measure that would temporarily raise the gross receipts tax (GRT) by one-half percent. The measure is sponsored by Speaker of the House Ben Lujan, D-Santa Fe. In a straight…

Rail Runner tax being supported

By | 11.05.08 | 2:49 am

In tough economic times, it would be easy to anticipate that any measure on the ballot to raise taxes would sink. But New Mexico must love its Rail Runner. And voters must love libraries and parks and the bike paths…