[LWVNM Action] The budget as a moral document

Tue Feb 22 16:09:32 MST 2022

The League takes action based upon our positions that are developed
through study: They are:

The League of Women Voters of New Mexico believes that a fair tax must be

   1. equitable, taking into consideration relevant differences between
   persons, such as their annual income
   2. certain, not arbitrary
   3. convenient with respect to timing and manner of payment
   4. economical to collect
   5. adequate to finance the essentials of government.

The tax system in New Mexico should be progressive. LWVNM may support taxes
that are regressive if it is determined that the tax will achieve a
socially desirable objective (this was added to support alcohol & tobacco
products).

On Tue, Feb 22, 2022 at 3:51 PM Jane Asche via Action <
action at mailman.swcp.com> wrote:

> Linda, Rosa, and Kathie,
>
> Thank you for your thoughtful responses on this issue of the taxation ban
> on Social Security for persons under the $100,000 cap for single persons
> and for couples under the $150,000 cap.  You have voiced many of my
> concerns.  I realize that there should be a plan for recovering the loss of
> revenue, but I think at least the needle has been moved in the right
> direction and this may force some serious work on the part of legislators
> in figuring out where that money is going to be found to replace the loss
> of income.
>
> Jane Asche
> On 2/22/2022 3:37 PM, Kathy Brook via Action wrote:
>
> One of the challenges of exempting a type of income from taxation (rather
> than a level of income, for example) is that the type of income a person
> receives is an imperfect measure of the needs of the individual receiving
> that income. Some of the proposals to exempt Social Security covered all
> recipients regardless of their income levels.  Unfortunately those who have
> lower life expectancy don't get a chance to earn much from Social Security,
>
> A major concern about the Social Security exemption was the loss of
> revenue to the state with no plan in place to address the need for revenue
> when the oil and gas funds decline and the huge flow of federal dollars
> disappears.
>
> Kathy
>
> On 02/22/2022 2:45 PM Rosa I. Morales via Action <action at mailman.swcp.com>
> <action at mailman.swcp.com> wrote:
>
>
> Thanks for enhancing the knowledge of some League members.
>
> We can add the fact that historically women had earned considerable less
> than man, therefore affecting their retirement income (SS and pension).
>
> Should we discuss double taxation?
>
> Let’s add that women keeps living longer than men, therefore their long
> term living expenses surpass men’s.
>
> Due to their reproductive system, women throughout their lives spend more
> in medical care.
>
> Also, many studies keep showing that in the US, women continue being the
> primary adult responsible for most children and elder parents. Men slowly
> are building parity in these two areas, but not fast enough.
>
> It is important to mention that many women leave their full time jobs, or
> decrease the amount of hours due to unforeseen family needs. Have you
> checked the children’s doctor’s offices? They are full of women taking
> their children on appointments, even when the children are being raised by
> two parents.
>
> I can go on and on, but no doubt that there is the need to expand the
> knowledge on how life is lived by large segments of the population that due
> to their gender, race, status, place where they were born, education, etc.
> continue living in extremely disadvantaged situations.
>
> As a social worker I can write not only one book, but many about the
> challenges some individuals, especially women and children continue
> experiencing, while most decision makers continue being men. It is very
> unfortunate that their voices continue not being accurately represented at
> all levels of government and in most powerful organizations.
>
> May we be wise, brave, and patient in accepting the ongoing need to build
> a bridge and help educate those who continue experiencing the challenges of
> daily life very differently.
>
> Rosa I. Morales, MSW
>
>
> Strive to build organizations, systems and communities that embrace ALL
> PEOPLE.
>
> On Feb 22, 2022, at 1:51 PM, Linda McDowell via Action
> <action at mailman.swcp.com> <action at mailman.swcp.com> wrote:
>
>
>
> I agree that a $150,000 is a low cap.               Seniors may be in
> residential care that costs $130,000, paying $30,000 in property
> taxes,paying medical insurance and copays for medication and medical care,
> IRS and state taxes, etc.
>
> The state budget should not be a kids vs seniors battle, but should
> instead benefit
> all New Mexicans.
>
> Linda C. McDowell
>
>
>
> Sent from my iPhone
>
> On Feb 22, 2022, at 10:14 AM, Richard Mason via Action
> <action at mailman.swcp.com> <action at mailman.swcp.com> wrote:
>
> The League position is that our tax system should be progressive. A flat
> exemption that does not take into consideration people's ability to pay is
> not progressive. Most low income seniors do no pay taxes on their SS
> benefits.
>
> Dick Mason
>
>
> -----Original Message-----
> From: Jane Asche via Action <action at mailman.swcp.com>
> <action at mailman.swcp.com>
> To: Richard Mason via Action <action at mailman.swcp.com>
> <action at mailman.swcp.com>
> Cc: Jane Asche <janeasche at comcast.net> <janeasche at comcast.net>
> Sent: Tue, Feb 22, 2022 9:38 am
> Subject: Re: [LWVNM Action] The budget as a moral document
>
> Richard,
>
> So do you consider the limit of an income of $100,000 for single people
> and $150,000 for couples to be  high incomes in today's economy of high
> inflation?  I do think the income limits for the exemption should be a
> little lower.  However, for my husband and I (86 and 82 years old), both
> retired professionals with investments in lots of higher education
> during our careers for our selves and our children, have a combined
> retirement income of right around $70,000.   It seems whether the limits
> are reasonable enough is affected by the health issues retired people
> face and often times responsibilities to care for aging parents as new
> retirees.  In some cases, a retired couple with an income a little below
> $150,00 is not a lot.
>
> Jane  Asche
>
> On 2/18/2022 9:29 AM, Richard Mason via Action wrote:
> > Many over the years have called the budget a moral document - how you
> > raise & spend money reflects the values of the society. I am attaching
> > the Fiscal Impact Report (FIR) for HB163 - the tax package just passed
> > by the Legislature. The whole story is on the first of the 24 pages.
> >
> > The Income Tax Exemption for Social Security costs the state from 84
> > million in the first year to 99.5 million in the 4tth year
> >          This mainly benefits middle to high income seniors
> >
> > The Child Tax Credit that goes to families with children doesn't go
> > into effect until the second year & then costs the state about 75
> > million a year
> >           I actually heard a legislator say they had to reduce it
> > because of the fiscal impact
> >
> > Conclusion - our Legislature cares more about middle to high income
> > seniors than they do about families with children.
> > Maybe because old folks like me vote in greater numbers.
> >
> > Dick Mason
> >
> > _______________________________________________
> > Action mailing list
> > Action at mailman.swcp.com
> > https://mailman.swcp.com/cgi-bin/mailman/listinfo/action
> --
> Jane A. Asche, Ed.D., Email: janeasche at comcast.net, Cell: 575-649-8154
>
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> _______________________________________________
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>
> _______________________________________________
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>
> _______________________________________________
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>
>
> _______________________________________________
> Action mailing listAction at mailman.swcp.comhttps://mailman.swcp.com/cgi-bin/mailman/listinfo/action
>
> --
> Jane A. Asche, Ed.D., Email: janeasche at comcast.net, Cell: 575-649-8154
> _______________________________________________
> Action mailing list
> Action at mailman.swcp.com
> https://mailman.swcp.com/cgi-bin/mailman/listinfo/action
>
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