Yesterday we looked at the history of New Mexico’s food and medicine taxes, their repeal, and state lawmakers’ and the governor’s action two years ago to phase-out the state’s subsidy to local governments’ budgets to make up for lost food tax revenue. We also saw how cities and counties use gross receipts tax revenue to provide basic services like public safety and courts, and the dwindling pot of money from that tax on goods and services.
Today KSFR’s Deborah Martinez looks at the hundreds of organizations that get rebates, deductions, or don’t pay any GRT at all. While cities and counties throughout the state use the hundreds of millions of dollars raised to pay for police, fire, courts, jails and other basic services, some groups are gearing up to try to reset New Mexico’s tax system to make it more equitable. Listen Here
Click Here to listen to Part One.