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).

Source: WalletHub

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.