Institute on Taxation and Economic Policy (ITEP)

New Mexico

Daily Lobo: Letter: Support for Trump’s Hatred of Immigrants Not Backed by Facts

August 17, 2015

An economic perspective: The Partnership for a New American Economy found that immigrants started 28 percent of new U.S. businesses in 2011, though they account for only 13 percent of the population. Disproportionately more New Mexico business owners (12.6 percent) are immigrants (10 percent of the state’s population). A new study by the Institute on […]

Georgia Budget and Policy Institute: Income Tax Cuts Won’t Boost Georgia Economy

May 7, 2015

Big income tax cuts did not improve the economies of states that enacted them, and states without income taxes do not consistently grow more jobs or have stronger economies. Six states cut income taxes sharply from 2002 to 2007, before the most recent recession. Three of them – Arizona, Ohio and Rhode Island – grew […]

report  

Undocumented Immigrants’ State & Local Tax Contributions (2015)

April 15, 2015 • By Matthew Gardner, Meg Wiehe

This report was updated February 2016 Read as a PDF. (Includes Full Appendix of State-by-State Data) Report Landing Page In the public debates over federal immigration reform, sufficient and accurate information about the tax contributions of undocumented immigrants is often lacking. The reality is the 11.4 million undocumented immigrants living in the United States pay billions […]

New Mexico Voices for Children: Why the poor pay the highest tax rate in New Mexico–and one step toward a fix

January 21, 2015

It’s widely agreed that the poorest among us should not pay the highest tax rate, but in New Mexico (as in most states) they do. State and local taxes—particularly sales and property taxes (shown in the light blue and orange bars in the graphic below)—take up a higher percentage of incomes at the lowest end […]

Santa Fe New Mexican: Tax system puts big burden on low-paid

January 16, 2015

According to a new report, New Mexico tax policy is moving in the wrong direction, as a reduction in corporate taxes coupled with increases in gross receipts taxes is putting a greater share of the burden of financing public services on working families. The report, “Who Pays,” released Wednesday by the Institute on Taxation and […]

KRWG: New Mexico Among States With Most Unfair Tax Systems

January 15, 2015

“A new study released today by the Institute on Taxation and Economic Policy (ITEP) ranks New Mexico 17th in the nation in terms of having an unfair state and local tax system. This means that 33 states have tax systems that are considered more equitable than ours. The study, Who Pays?, analyzes tax systems in […]

New Mexico Voices for Children: Expanding New Mexico’s Working Families Tax Credit Would Generate Economic Activity and Help Hard-Working Families

November 3, 2014

New Mexico’s Working Families Tax Credit not only lifts tens of thousands of low-income families out of poverty each year, it also generates economic activity because the money is spent quickly and locally. Increasing the value of the credit would help with New Mexico’s sluggish recovery and cost the state much less than recently enacted […]

New Mexico Voices for Children: New Mexico’s Capital Gains Deduction: A Capital Loss for New Mexicans

July 31, 2014

Legislation enacted in 2003 that allows New Mexicans with capital gains income to deduct half of that income from their state taxes has failed as an economic development tool. Further, it makes the state’s overall tax system lean more heavily on low-income families and exemplifies the need for a more robust accounting of tax giveaways. […]

New Mexico Voices for Children: Citizen’s Guide to New Mexico’s Tax System

July 31, 2014

Citizen’s Guide to the New Mexico State BudgetThis guide focuses on the operating budget—the annual spending for ongoing programs and services that affect the lives of every New Mexico resident. Read the Full Report (PDF)

The Garden Island: Licensed to drive

February 3, 2014

(Original Post) Bill would allow undocumented residents to acquire driver’s license Posted: Monday, February 3, 2014 2:00 am Tom LaVenture – The Garden Island LIHUE — Proposed legislation would amend state requirements to allow undocumented residents to qualify for a driver’s license in the interest of public safety, identification and insurance coverage. The “Safe and […]

Fox & Hounds: Immigration Reformers Must Tell a Better Story

August 21, 2013

(Original Post) By Joe Rodota CEO and founder of Forward Observer, a research and strategy firm Monday, August 19th, 2013   In a recent column, Washington Post Wonkblog writers Ezra Klein and Evan Soltas ask: “Why hasn’t this been immigration August?” Five years ago, they write, individual members of Congress were “engulfed by tea-partiers” protesting […]

State and local tax codes include a huge array of special tax breaks designed to accomplish almost every goal imaginable: from encouraging homeownership and scientific research, to building radioactive fallout shelters and caring for "exceptional" trees. Despite being embedded in the tax code, these programs are typically enacted with tax policy issues like fairness, efficiency, and sustainability only as secondary considerations. Accordingly, these programs have long been called "tax expenditures." They are essentially government spending programs that happen to be housed in the tax code for ease of administration, political expedience, or both.

McClatchy-Tribune: States expand sales tax holidays beyond back-to-school items

July 22, 2013

  Many states with back-to-school sales tax “holidays” are expanding them to cover almost any purchase, in addition to the usual kids’ clothing, shoes, books and school supplies. As schools and students replace ink and paper with pixels, some states are expanding their holidays to cover sales taxes on low-cost computers and tablets. These electronics […]

KSFR: Nuestra America July 16

July 18, 2013

(Original Post) Gerry Bradley, Research Director of New Mexico Voices for Children, discusses a new report on Tax Contributions of undocumented immigrants in the United States and New Mexico

Santa Fe New Mexican: Immigration reform would boost state’s tax revenues by $6M

July 11, 2013

(Original Post) Posted: Wednesday, July 10, 2013 7:00 am By Adele Oliveira The New Mexican A study released Wednesday by the Institute on Taxation and Economic Policy says comprehensive immigration reform would increase New Mexico’s annual tax revenue by $6 million and national tax revenue by $2 billion. Titled “Undocumented Immigrants’ State and Local Tax […]

Stateline: States Expand Sales Tax Holidays Beyond Back-to-School Items

July 10, 2013

(Original Post)   By Elaine S. Povich, Staff Writer A crowd of about 100 line up outside of the Apple Store in the Saddle Creek shopping center in Germantown, Tenn., to get a head start on last year’s tax free weekend. (AP) Many states with back-to-school sales tax “holidays” are expanding them to cover almost […]

The Barre Montpelier Times Argus: Kids count

June 28, 2013

  June 28,2013 Once again Vermont finished high in the ranking of children’s well-being released earlier this week by the Annie E. Casey Foundation. The foundation’s Kids Count survey of the states measures children’s well-being in 16 categories relating to economic well-being, health, education and family and community. These include categories such as the number […]

Winston-Salem Journal: Lights, camera … and a $69 million N.C. rebate to movie industry

May 2, 2013

(Original Post) Posted: Thursday, May 2, 2013 8:13 am J. Andrew Curliss/News & Observer State leaders blamed each other in October 2011 after Continental Tire chose South Carolina for a large new factory that will employ 1,600 workers. The biggest hang-up, according to documents and state officials, was $45 million in taxpayer money the tire […]

Center on Budget and Policy Priorities: Strategies to Address the State Tax Volatility Problem

April 19, 2013

State revenues plummet in recessions, just when states can least afford the loss.  Some proposals to address this flaw in state tax systems would change the systems’ structure — for instance, by replacing state personal income taxes with sales taxes — but wouldn’t solve the problem and would exacerbate others in state tax systems.  States […]

Albuquerque Journal: Tax package came out of thin air at last minute

March 29, 2013

(Original Post) By Stephanie S. Maez / Executive Director, Center for Civic Policy on Fri, Mar 29, 2013 Shock and awe would be a fair description of the surreal feeling experienced by those who witnessed the waning moments of the 2013 legislative session. That’s when a multi-million dollar tax package suddenly materialized and, with no […]

Politico: Ambitious governors dominate tax debate

January 23, 2013

(Original Post) By: Rachael BadeJanuary 22, 2013 04:41 PM EST Looking for the next big tax debate? Talk to a governor — preferably one with presidential ambitions. From Louisiana to New York, and Wisconsin to Massachusetts, some of the nation’s most prominent governors in both parties — more than a few of whom have grander […]

New Mexico Voices for Children: Immigrants and the New Mexico Economy: Working Hard for Low Wages

January 15, 2013

The current debate over immigration – and particularly over immigrants without legal residency status – often centers on whether or not this group of people contributes to the economy or diminishes it. A 2006 Fiscal Policy Project report, “Undocumented Immigrants in New Mexico: State Tax Contributions and Fiscal Concerns,” concluded that undocumented immigrants contribute more […]

New Mexico Voices for Children: Revenue Generators

January 14, 2013

The current debate over immigration – and particularly over immigrants without legal residency status – often centers on whether or not this group of people contributes to the economy or diminishes it. A 2006 Fiscal Policy Project report, “Undocumented Immigrants in New Mexico: State Tax Contributions and Fiscal Concerns,” concluded that undocumented immigrants contribute more […]

Dallas Morning News: Report: Poor Texans shoulder heavy tax burden

January 8, 2013

(PDF of Original Post) 07:44 AM CST on Thursday, November 19, 2009 By ROBERT T. GARRETT / The Dallas Morning [email protected] AUSTIN – Texas’ low-income residents bear heavier tax burdens than their counterparts in all but four other states, a new study shows. The bottom fifth of Texas earners pay just over 12 percent of […]

The Providence Journal: Study suggests eliminating R.I.’s capital gains tax break

January 7, 2013

(PDF of the Original Post) 01:00 AM EDT on Saturday, March 21, 2009 By NEIL DOWNING Journal Staff Writer Rhode Island could save more than $49 million a year by eliminating the favorable tax treatment that the state currently allows on capital gains, a new report says. Rhode Island is one of only nine states […]