By William F. Fulginiti, Executive Director, New Mexico Municipal League
The New Mexico Municipal League is backing efforts in the upcoming legislative session to reverse the painful consequences of a 2004 law that repealed taxes on retail food sales and medical services to reduce the tax burden of our state's low-income residents.
The law did not help the disadvantaged, and it hurt the state by spurring a rush to increase other taxes meant to compensate cities and counties for the loss of revenue. The result is higher gross receipts taxes (GRT)