New Mexico Republicans Push Tax Cut | Albuquerque News

House Republicans in New Mexico are pushing to scrap the state’s personal income tax, claiming it would return over $2 million annually to families struggling with high gas prices—and potentially jumpstart the economy. But the move requires a special legislative session, which is logistically complex. The Governor’s office acknowledged the push for tax relief but noted a one-time $250 gas rebate is already on the table. They warned that eliminating the income tax would have sweeping, long-term budget impacts and urged lawmakers to bring the proposal to the regular session in January for thorough debate. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9ca7f2c1a0209577