Sweeping tax overhaul clears New Mexico House
March 3, 2019
SANTA FE, N.M. (AP) — It's billed by Democrats as New Mexico's best chance to save thousands of children from a life of poverty by investing more money than ever before in public education and other government programs.
For Republicans, it's a cover for taking money from the pockets of hard-working New Mexicans and placing unsustainable demands on the state's coffers.
A proposal to overhaul key portions of New Mexico's tax code prompted hours of debate late Friday as lawmakers on both sides of the aisle shared their visions for how best to jump start a state that has been stricken for decades...
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