Tag Archives: GRT

The Line: Tax Issues

1233 Line Tax Talk

February 15, 2019 – April 15th may be a long way off, but tax season is in full swing. At the Roundhouse, lawmakers are looking at a multitude of tax proposals, from reinstating the food tax to the removal of a tax on feminine hygiene products, known as the “tampon tax.” They’re also wrestling with the need for major tax reform. Gene Grant and the Line opinion panelists wind through the confusing maze of taxes in New Mexico.

Line Panelists:
Merritt Allen, owner and executive director, Vox Optima LLC
Jeffrey Candelaria, Konnection Now & host on KKOB
Sophie Martin, attorney
Serge Martinez, professor, UNM School of Law

For Further Reading:

Tax overhaul high on legislative list – by Dan Boyd, Albuquerque Journal

State income tax to go up for some families – by Dan McKay, Albuquerque Journal

The Line: Albuquerque City Council Votes To Increase Gross Receipts Tax

March 9, 2018 – This week the Albuquerque City Council voted to increase the gross receipts tax by three-eighths of one percent in order to address a $40 million dollar deficit in the city’s budget and tackle the public safety crisis. One of Mayor Tim Keller’s campaign promises was that he would only raise taxes as a last resort, and then only after taking the issue to the city voters. But with the Council’s 8-1 vote, the decision was veto-proof, and Mayor Keller went on record saying he respects the Council’s action.
Gene Grant leads the Line panel in a discussion on the tax hike, which is set to go into effect July 1.

Line Panelists:
Dan Foley, former House minority whip
Tom Garrity, The Garrity Group PR
Inez Russell Gomez, opinion page editor for the Santa Fe New Mexican
Sophie Martin, attorney

Further reading:

Council passes tax hike on ‘difficult’ vote – by Maddy Hayden, Albuquerque Journal