There are plenty of crazy policies discussed in Santa Fe every session. Sadly, many of them become the laws that keep New Mexico mired in last place. One of the “craziest” bills is HB 179 which, if adopted, would MASSIVELY increase taxes on alcohol.
We have previously discussed the fact that New Mexico’s taxes on alcohol are NOT low. In fact, our tax on wine is already 5th-highest in the nation! The following is a chart from the fiscal impact report on HB 179. It illustrates just how aggressively supporters of HB 179 are pushing to raise taxes.