[LWVNM Action] LWVNM Tax, Revenue and Budget subcommittee

[Akkana Peck]

I'm interested too. Like Barbara, I'm overcommitted, but this is
something I've been wanting to learn about and don't think I can
do it on my own.

        ...Akkana

Barbara Calef via Action writes:
> I'm interested, but there are not enough hours in the day for me to take on
> another issue.  I look forward to hearing about it.
> 
> Barbara
> 
> On Mon, May 2, 2022 at 8:02 PM Richard Mason via Action <
> action at mailman.swcp.com> wrote:
> 
> > It seems the Legislature is serious about tax reform in the 2023 session.
> >
> > The LWVNM needs to educate ourselves about the options.so we are
> > considering forming a subcommittee. It will require a commitment to learn
> > about the system.
> >
> > So far Renny Ashleman, Karen Wentworth, Kathy Brook and Dick Mason have
> > expressed interest.
> >
> > Are there others?
> >
> > Dick Mason
> >
> > Guided by our positions
> >
> > Adopted 1971; revised 1975, 1983, 1989, 2017)
> >
> > 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.
> >
> > In evaluating the average burden of taxation within the state, taxes
> > should be compared with income of New Mexico residents; in comparing the
> > burden of taxation in New Mexico with the burden imposed by other states,
> > state and local taxes should be combined.
> >
> > Tax credits and/or deductions should be evaluated based on promotion of
> > equity and the efficiency with which they achieve their purpose.
> >
> > Tax credits may be a means of providing relief from the regressive nature
> > of the sales and property tax.
> >
> > The League believes it is the state's obligation to collect revenues to
> > fund services that are generally state responsibilities, rather than depend
> > on cities and counties to raise the funds.
> >
> > _______________________________________________
> > Action mailing list
> > Action at mailman.swcp.com
> > https://mailman.swcp.com/cgi-bin/mailman/listinfo/action
> >

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