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New Mexico Republicans Push Tax Cut | Santa Fe News

New Mexico Republicans Push Tax Cut | Santa Fe News

Published 4 weeks ago
Description

New Mexico Republicans are pushing to scrap the state’s personal income tax, promising middle-class families up to $2,400 a year back—calling it nonpartisan relief. They’ve asked the governor for a special session, contrasting it with her own rebate proposal. Lawmakers say they’ll cover the $2 billion revenue gap through smarter spending and cross-party cooperation. But the governor refuses, saying major tax changes need full legislative debate. Democrats admit New Mexicans are struggling financially but warn this plan could be a “publicity stunt” that shifts the burden to lower earners. Past attempts have failed, and bipartisan support seems slim—but proponents hope the push will spark a wider tax reform conversation.

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