Republican, Democrat agree that system is broken

Source: Republican, Democrat agree that system is broken

Republican, Democrat agree that system is broken.

ALBUQUERQUE, N.M. — The head of the state House of Representatives tax-writing committee thinks this may be the year the Legislature makes a serious effort to fix New Mexico’s badly broken gross receipts tax.

“The vast majority of legislators understand the problem,” said Rep. Jason Harper, a Republican from Rio Rancho who is chairman of the Ways and Means Committee. “Now we’re in that tricky middle stage of finding the right balance.”

Albuquerque Democrat Javier Martinez, a committee member, agrees, saying, “There’s across-the-board agreement that the system is broken and in need of reform. The question is, how do we reform it so that the burden doesn’t disproportionately fall on working-class New Mexicans?”

In an interview at the New Mexico Tax Research Institute’s annual conference, Harper said the GRT has become “an unholy hybrid of a gross receipts tax and a sales tax.”