New tax code would help

CAN YOU imagine New Mexico gaining ground on the worst-of lists? As the sixth-poorest state in the nation, it is important that we make effective and long-lasting fiscal policy adjustments so that we may generate much-needed revenue for our schools, social programs and infrastructure. Can you imagine Albuquerque Public Schools and afterschool programs being well-funded, teachers getting well-deserved raises, homeless and social programs improving, and transportation systems becoming safer and more efficient? Imagine our violent crime and opioid fatality statistics substantially reduced because the offenders and addicts have access to successful rehabilitation services. With sustainable visionary solutions to our budget crisis, Albuquerque could have the revenue we need to fund our social programs and improve our ranking in the national statistics.

During the past legislative session, an important bill which proposed meaningful tax updates was vetoed. Though the bill was overwhelmingly supported by our legislators, it was rejected by the governor because it was not simple, stable and predictable. Yes, such a bill may seem a bit radical, but New Mexicans are ready for a restructuring of our outdated and inefficient tax system. We need to initiate lasting change by setting up a way for New Mexicans to reclaim our wealth.

A well-planned comprehensive tax overall could make New Mexicans richer in every way. People’s well-being would certainly improve if our schools, social programs and infrastructure were well-funded. Without such changes to our tax code, we risk a cut-and-paste budget that does not address the root of our financial inadequacies. Our most essential programs and vulnerable people will continue to suffer. As a New Mexico native and a mother, my concern is for our children’s future. This is why I urge residents to be open to big budget changes, to talk to your legislators, and to visit the New Mexico Center on Poverty and Law to learn more. TANIA GOLDFEDER Albuquerque