Source: Rio Grande Foundation
When Santa Feans overwhelmingly voted down a costly soda tax, pundits questioned whether this might be the start of a trend in which New Mexicans take a more skeptical approach to taxes. It is hard to say for sure, but another data point has been added to the developing trend-line and the result (again) is “No New Taxes!”
Yesterday, voters in the National Lab-dominated enclave voted down a new recreation bond levy by a vote of 3,446 for to 3,932 against. At a price tag of $23 million, the proposed property tax hike was just too much for a majority of property owners even though (as usual) the political establishment desperately wanted to raise taxes.