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Tax overhaul to be on special session agenda
Gov. Susana Martinez made it explicit Thursday: Simplifying New Mexico’s tax system is, in her view, a key to solving the state’s budget crisis and a standoff with the Legislature.
She said Thursday that she will add “comprehensive tax reform” to the agenda of a coming special session.
“Despite the challenges,” Martinez said in a speech, “we have a tremendous opportunity.”
The session will focus on crafting a new budget package aimed at ensuring New Mexico has enough cash to continue paying its bills over the next year – amid a downturn in oil and natural gas prices and the nation’s highest unemployment rate.
Read more: https://www.abqjournal.com/994531/gov-simplifying-nm-tax-code-will-be-on-special-session-agenda.html