TaxesFinding

New Mexico should lower its statewide gross receipts tax rate.

New Mexico taxes most sales of goods and services through its gross receipts tax, which has been cut in small steps in recent years. A lower rate would reduce costs for buyers and businesses and cut state revenue.

Gregg Hull

Republican
Agree

revenues from the production should be explored for possible reduction of gross receipts and personal income taxes. In doing so, we must make sure local revenues for cities, towns, and counties are not adversely affected.

Press quote · May 1, 2026 · retrieved Sep 28, 2026

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Verified AI research, accepted by the VoteVera editor on Sep 30, 2026.
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