Roundhouse to Entrepreneurs: Drop Dead

One more reason to flee (or avoid) the Land of Enchantment

In 2019, lawmakers hiked the personal income tax (PIT) for New Mexico’s top earners.

In 2021, Santa Fe may double down on taxing “the rich” — at a time when the state needs them the most.

HB 291, which has cleared the House Taxation and Revenue Committee, adds two new brackets to the PIT. For single filers with incomes between $280,000 and $415,000, the l…

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