October 5, 2015
“According to WalletHub’s 2015 Most & Least Fair Tax Systems report, New Mexico has the 12th “least fair” tax system in the U.S. — a conclusion gleaned from both consumer surveys, as well as data from the Institute on Taxation and Economic Policy (ITEP) and the U.S. Census Bureau. Data showed that while New Mexico relies significantly less on personal income tax and property taxes, the state relies heavily on sales, excise and other taxes.”
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