The Rio Grande Foundation backs legislative efforts to repeal the Social Security tax imposed by New Mexico. ANY effort to reduce New Mexicans’ tax burdens would help.
The following article includes several quotes from RGF’s Paul Gessing regarding the City of Carlsbad recently joined the call for repeal of this unnecessary tax. I discuss the chances of such a proposal making its way into law in the article linked above from the Current-Argus.
New Mexico is one of only 13 states that currently assess tax on Social Security income. Unfortunately, New Mexico’s Democrats have moved quite a bit to the left since even the days of Bill Richardson.