Connect with us

New Mexico

Bill to change tax income passes first House committee

Published

on

Bill to change tax income passes first House committee


Taxes aren’t the most exciting things to talk about, but it could be good news for some taxpayers if House Bill 252 goes through.

SANTA FE, N.M. – Taxes aren’t the most exciting things to talk about, but it could be good news for some taxpayers if House Bill 252 goes through. 

The current state income tax breakdown has five brackets. Anyone making $16,000 to $210,000 a year are paying the same income tax rate. 

Joint filers have an even bigger range of $24,000 to $315,000 at 4.9%. Some lawmakers want to break up those brackets. 

Advertisement

“This tax proposal, which is the same thing as last year, takes into account that we are looking to achieve the best outcome for those that are at the lower to middle of the tax income brackets,” said state Rep. Derrick Lente. 

Here are the proposed changes:

There would be more brackets for joint filers, and adds a 4.3% rate. The brackets are spread out more evenly, and there’s a lower tax rate for the state’s lowest earners. It’s the same thing for individual filers.

The average income in New Mexico is around $30,000. Right now, that puts you in the second-highest tax bracket at 4.9%.  This bill would drop you two brackets to 4.3%. 

The bill unanimously passed its first House committee Monday. Last year, it had bipartisan support all the way to the governor’s desk, where she vetoed it. 

Advertisement

Sponsors are hoping for a different outcome this session.

“She is the one that killed it last year, and so I can say that I’ve talked with staff of the governors. And so at this point in time, I have no indication that she could not appreciate giving tax incentives for working class New Mexicans,” said Lente. 

KOB 4 spoke with a tax expert Monday. He says this current structure has been in place since 2003, and it’s pretty much a flat tax system where most people are paying the same rate, which hurts lower earners more.

What he really liked about the new layout is there are no “losers” as he put it, meaning no one’s taxes increase. But it does have one downside.

“No one would be offended by this bill, or almost no one is just, you know, it comes with a price tag. It’s probably the right thing to do in terms of restructuring our brackets, that that makes some sense,” said Richard Anklam, president and executive director of the New Mexico Tax Research Institute.

Advertisement

That price tag is an approximate $180 million in income tax the state would not get next year. 

The Legislative Finance Committee already determined lawmakers have a $200 million to $300 million range in lost taxes before it becomes troublesome. This proposal fits those parameters, but there’s not much wiggle room. 



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

New Mexico

Anthony, NM man sentenced to prison, sold meth from parents’ property

Published

on

Anthony, NM man sentenced to prison, sold meth from parents’ property


play

Advertisement
  • An Anthony, New Mexico man was sentenced to nearly 20 years in federal prison for selling methamphetamine.
  • David Amaya, 43, pleaded guilty to possession with intent to distribute after being caught in an FBI investigation.
  • Authorities found over 1,100 grams of methamphetamine and two firearms in a trailer on his parents’ property.

An Anthony, New Mexico man was sentenced to nearly two decades in federal prison for selling methamphetamine from a trailer on his parents’ property, authorities said.

A federal judge sentenced David Amaya, 43, to 19 years and seven months in prison on one count of possession with intent to distribute 50 grams or more of methamphetamine, New Mexico federal court records show. He was also sentenced to five years of supervised release after he serves his prison term.

U.S. District Judge Margaret I. Strickland handed down the sentence on Wednesday, Dec. 10, at the federal courthouse in Las Cruces, New Mexico. Assistant U.S. Attorney Kirk Williams prosecuted the case.

Acting U.S. Attorney for the District of New Mexico Ryan Ellison and FBI Albuquerque Field Office Special Agent in Charge Justin A. Garris announced Amaya’s sentencing in a joint news release.

Amaya pleaded guilty to the charge in September as part of a plea agreement that dismissed one count of possession of a firearm in furtherance of a drug trafficking crime, court records show.

Advertisement

Anthony, New Mexico man sells meth on parents’ property

FBI agents began investigating Amaya after he sold methamphetamine to a “controlled buyer” in July and August 2024, the news release states. Controlled buys are when law enforcement uses an undercover agent or a witness to purchase drugs from a suspected drug dealer.

The agents obtained a search warrant on Aug. 22, 2024, for a “specific tow-behind type trailer that Amaya was known to be living in and conducting narcotics transfers out of,” a federal complaint affidavit states. The trailer was located on property owned by Amaya’s parents in Anthony, New Mexico, the news release states.

The trailer did not have a restroom, but agents found a small makeshift bathroom structure with a porta-potty inside next to the trailer. The agents then obtained a warrant to also search the small bathroom structure.

Advertisement

The agents found “a large quantity of white crystalline substance suspected to be methamphetamine” throughout the trailer and bathroom structure, the affidavit states. In the bathroom, agents found a clothing hamper with “a gallon zip lock bag full of suspected methamphetamine” hidden inside.

Agents found a black Ruger .357 caliber handgun containing five rounds of .357 caliber ammunition and a black Mossberg 500 E410 gauge shotgun on the bed inside the trailer, the affidavit states. The news release states agents found “hundreds of rounds of ammunition.”

They also found about 4.42 grams of methamphetamine on the bed and another 26 grams under the bed, the affidavit states. Agents found eight more grams of methamphetamine on a nightstand.

Amaya told agents during an interview that the methamphetamine was his, he had acquired it over a period of time, and did not realize how much it was, the affidavit states. He added he “needed the guns for protection, so people would know he has them, making him safer,” the affidavit states.

Advertisement

In total, the agents found 1,183 grams of methamphetamine.

Aaron Martinez covers the criminal justice system for the El Paso Times. He may be reached at amartinez1@elpasotimes.com.



Source link

Continue Reading

New Mexico

Grants cancels Christmas parade due to shootings

Published

on

Grants cancels Christmas parade due to shootings


GRANTS, N.M. – The City of Grants is canceling this year’s annual Christmas light parade, citing the safety of the public and their own officers.

Dozens of floats were supposed to roll down Santa Fe Avenue on Saturday night, but Grants police are holding off until next year after three incidents where someone shot at law enforcement officers.

“It was definitely a difficult decision, but due to the incident that took place on December 8, where law enforcement was shot at in the area of Santa Fe Avenue, we made that decision to protect the citizens of Grants,” says Grants Police Chief Maxine Monte.

She says a New Mexico State Police officer was shot at while making a traffic stop. The officer walked away uninjured, but this was too much for the chief.

Advertisement

“We’ve had three different incidents where law enforcement was shot at. One was May of 2025, the other one was August of 2025, and then the recent event of December 8 of 2025,” says Monte.

It’s not a risk the chief wants to take, and points out people would be standing exactly where the last shooting happened.

“We have a lot of citizens that attend our parade, and our main concern was that they were out in the open in the middle of the night, and in the same area that our latest shooting took place.”

Grant residents will be able to see the floats during the day on Saturday. But even some daylight isn’t convincing some residents.

“I’ll be staying home,” said Amy Brigdon. “There’s too many people in the world that want to see bad things happen to other people. I’m not one of them.”

Advertisement

Police still don’t have a suspect for this week’s attempted shooting. Anyone with information is asked to get in touch with the Grants Police Department.



Source link

Continue Reading

New Mexico

Colorado wolf rereleased in Grand County after crossing into New Mexico

Published

on

Colorado wolf rereleased in Grand County after crossing into New Mexico


Colorado Parks and Wildlife rereleased a wolf into Grand County this week after it had traveled into New Mexico, according to a news release.

The New Mexico Department of Game and Fish captured gray wolf 2403 and returned the animal to Colorado.

Colorado wildlife officials decided to release the wolf in Grand County yesterday because of the proximity to “an unpaired female gray wolf,” nearby prey populations and distance from livestock, according to the release.

“Gray wolf 2403 has been returned to Colorado and released in a location where it can best contribute to CPW’s efforts to establish a self-sustaining wolf population while concurrently attempting to minimize potential wolf-related livestock conflicts,” said acting director of CPW Laura Clellan, according to the release.

Advertisement

The wolf was once a member of the Copper Creek pack but departed from it this fall.

A memorandum of understanding between Colorado and Arizona, New Mexico and Utah requires that any gray wolves that leave Colorado and enter those states be returned. That was created in part to maintain the integrity of a Mexican wolf recovery program.



Source link

Advertisement
Continue Reading
Advertisement

Trending