Tell Legislators in Santa Fe: "We have a 3.6 Billion Tax Surplus. Why are you proposing more taxes?"
HB 547 Omnibus tax bill takes several tax increases proposed in separate bills throughout the session, significantly decreases the taxpayer rebate promised and rolls all of them into one torturous bill that should not even be considered – especially at a time the state has a $3.6 billion surplus!
The bill increases personal taxes for most New Mexicans and takes away almost all the capital gains tax deduction which will be yet another disincentive for savings and investment – not only by individuals but by businesses which will impact job creation and state revenue. HB 547 also raises taxes on many corporations and on personal consumption products like alcohol and tobacco.
This is a sad time for New Mexico. But it is also a time for people to decide if they will make a stand for the freedoms that people enjoy in other states. A time to decide if you’ve had enough of the progressive rule in our state.
This tax increase bill is moving fast, so the time to make your voice heard is NOW. Please use the form provided to easily contact legislators and the governor asking them to say 'NO' to HB 547.
Tell Legislators in Santa Fe: "We have a 3.6 Billion Tax Surplus. Why are you proposing more taxes?"
HB 547 Omnibus tax bill takes several tax increases proposed in separate bills throughout the session, significantly decreases the taxpayer rebate promised and rolls all of them into one torturous bill that should not even be considered – especially at a time the state has a $3.6 billion surplus!
The bill increases personal taxes for most New Mexicans and takes away almost all the capital gains tax deduction which will be yet another disincentive for savings and investment – not only by individuals but by businesses which will impact job creation and state revenue. HB 547 also raises taxes on many corporations and on personal consumption products like alcohol and tobacco.
This is a sad time for New Mexico. But it is also a time for people to decide if they will make a stand for the freedoms that people enjoy in other states. A time to decide if you’ve had enough of the progressive rule in our state.
This tax increase bill is moving fast, so the time to make your voice heard is NOW. Please use the form provided to easily contact legislators and the governor asking them to say 'NO' to HB 547.