Tax & Accounting Blog

Proposed Sales Tax Hike Angers New Mexico Business Owners

Indirect Tax, VAT-GST Management June 18, 2010

In the face of potential budget cuts, Dona Ana County Commissioners are considering putting a sales tax increase to vote. However, some southern New Mexico business owners have expressed concern over a sales tax increase in the current economic climate.

The County has noted that sales tax hikes are generally unpopular. However, they also note that budget cuts are unpopular as well. The County Commission Chairman Oscar Vasquez-Butler has said that given the choice between raising new revenue and cutting back on spending, he favors the additional revenue option and supports putting a proposed sales tax increase to vote.