Taxes in New Mexico

Each state’s tax code is a multifaceted system with many moving parts, and New Mexico is no exception. The first step towards understanding New Mexico’s tax code is knowing the basics.

How does New Mexico rank?  Below, we have highlighted a number of tax rates, ranks, and measures detailing New Mexico’s income tax, business tax, sales tax, and property tax systems. Click the tabs below to explore!

Related Articles

“MacGruber” Made with Tax Credit, But Creates No Hair Stylist Job

May 24, 2010

Today is Tax Freedom Day for New Mexico and Tennessee

April 1, 2010

New Mexico Governor Opposes Regressive Taxation, Except When He Supports It

March 26, 2010

Richardson Wants Smokers to Help Foot His Bill

March 1, 2010

Liquor Taxes May Be On the Table in New Mexico

November 5, 2009

Film Tax Credits: The Road to Nowhere

August 26, 2009

State Budgets: New Mexico Moves From Surplus to Shortfall

January 8, 2009

Study Looks at New Mexico Income Tax Reductions

June 17, 2008

State Lawmakers Should Leave Hollywood in California

February 26, 2008

New Mexico Proposes Video Game Tax to Punish Staying Indoors

February 1, 2008

Don’t Let the Nanny Staters Scare You (or Tax You) By Calling You Obese

December 26, 2007

What is a Cigarette? (Or, Why Is The Tax Code So Complex?)

December 7, 2007

New Mexico Spaceport Tax Faces Delay

November 26, 2007

Santa Fe Should Not Fatten Budget with Soda Taxes

August 23, 2007