State Rep. Rod Montoya acknowledged Monday he had no illusions about the likely fate of a measure that would eliminate the personal income tax in New Mexico.

Republicans voiced concern over the burden on businesses and pitched their own version of a parental leave bill.

Supporters say House Bill 417 would help curb New Mexico's high rate of alcohol abuse and fund treatment programs.

HB 417 would impose a 6% tax of alcohol sales. It would be paid for by the consumer at the point of sale.

Burnt Timber and Linkwood to significantly extend mine life of Lynn Lake project and enhance economics given low-capital and high after-tax Internal Rate of Return of 54% ...

Developing progressive tax policies can significantly enhance Government revenue and contribute to Sri Lanka’s recovery from its debt crisis Sri Lanka has agreed with the International Monetary Fund ...

Democratic Gov. Andy Beshear signed a bill into law Thursday that will reduce Kentucky's individual income tax, expressing confidence that economic growth will offset the loss in revenue.

A threatened tax on imports from Mexico and Canada is on hold, at least for now. President Trump agreed to suspend the tariffs for at least one month after his counterparts promised new measures to ..

Nebraska's income tax rate was cut to 5.2%, down from 5.84% last year. New Mexico will retain its graduated income tax rate, with two of its six income brackets seeing a decrease in 2025.

President Donald Trump signed an executive order Saturday imposing a 25% tariff on imports from Mexico and Canada and ... the tariffs—the right-leaning Tax Foundation found previous tariffs ...

In ITR Form 1, taxpayers are given the choice to pick their preferred tax regime, granting them greater authority over their tax obligations. Opting out of New Tax Regime Individuals who wish to ...