Post #3659501
2026-07-07 13:50 UTC
@inti@archaeo.social
might have something to do with this? The state has historically been -very- poor.
"But by the numbers, so gradual it’s difficult to detect, changes to state tax policy are softening the bite of poverty.
Federal data released last fall show that, after accounting for government benefits, over the last decade the share of New Mexicans experiencing poverty declined more than in almost any other state."
https://www.kunm.org/local-news/2025-01-14/poverty-fell-more-than-a-third-in-new-mexico-due-to-tax-changes-but-theres-more-to-do
Replies (1)
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@inti@archaeo.social 2026-07-07 15:35
@CJPaloma@mstdn.social I did a little research. Turns out, NM backfilled basically all of the expiring federal ACA low and middle income premium subsidies, and was the only state to do so. I guess having a massive budget surplus is good for something! https://bewellnm.com/media-and-downloads/new-mexico-aca-marketplace/