NM receives 3rd-worst return on its tax dollars among US states

According to a new Wallethub report “smaller is better” when it comes to government and return on investment. Big-government “blue” states California and Hawaii were the only two states with worse ROI’s than New Mexico (another blue state) while the top performing states were small-government bastions New Hampshire, Florida, and South Dakota (none of which have personal income taxes).

New Mexico ranks dead last in the school system category as well as violent crime. It had the 3rd-highest poverty rate. If New Mexico’s incredible oil and gas wealth were factored in and not just taxes paid by residents of New Mexico, the ROI would look even worse.