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New Mexico bill to lower income taxes and cap investment tax break advances

A bill that would reduce personal income taxes across the earnings spectrum and collect more taxes on investment income passed the Democratic-led New Mexico state House on Wednesday. The broad package of tax changes won House endorsement on a 48-21 vote and now moves to the Senate for consideration. State government would forgo about $105

New Mexico legislators advance bill to reduce income taxes and rein in a tax break on investments

New Mexico legislators advance bill to reduce income taxes and rein in a tax break on investments
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THURS: New Mexico legislators advance bill to reduce income taxes and rein in a tax break on investments, + More

THURS: New Mexico legislators advance bill to reduce income taxes and rein in a tax break on investments, + More
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NM bill to lower income taxes and cap investment tax break advances

The New Mexico House passed a package of tax changes that includes lowering state income tax and tax breaks for the medical workforce and for child care providers.

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