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Albuquerque Tax Debate Heats Up
Description
Albuquerque is eyeing a 0.48% gross receipts tax hike that could bring in $113 million annually—half to cover city operations and employee wages, the other half for big projects like a new aquatic center, multi-generational hub, and West Side sports complex. Supporters say it’s barely noticeable, but critics warn it’ll hit lower-income families hardest and question the need for some projects. The tax would last 20 years, and unlike a previous failed bill, this one heads to voters in November—raising concerns about whether residents will have enough info to decide. It’s a tightrope walk between funding essential services and keeping taxes fair.
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