Many observers seem split on whether the state’s annual three-day hiatus on collecting tax on many items provides enough economic benefits to justify its costs.
July 24, 2025
Santa Fe New Mexican: New Mexico’s Tax-Free Holiday Offers Back-to-School Shoppers a Break This Weekend
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.