NM’s alcohol taxes are NOT low!

There has been a sustained effort by left wing New Mexico legislators, Common Cause, and New Mexico Indepth (to name just two). Last session’s tax hike failed (partially due to mistakes made by the bill sponsors), but the advocates are back again and they are pushing a massive 25 cent PER DRINK increase.

The following data are from the Tax Foundation.

For starters, NM’s $6.06 per-gallon tax on distilled spirits is ranked 24th-highest nationally.

New Mexico’s 41 cent per gallon tax on beer is ranked 15th-highest nationally

Finally, New Mexico’s tax on wine of $1.70 per gallon is 5th-highest nationally.