The 4.9 Percent Concession

A paltry 'cut' vs. more than two decades of hikes

Q: What do you call the legislature’s cut — from 5.125 percent to 4.875 percent — of the gross receipts tax?

A: A very small start.

While the GRT decrease — which math-challenged “journalists” do not understand is a burden reduction of a mere 4.9 percent — is better than nothing, taxpayers in the Land of Enchantment have a long way to go before real relie…