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Viewpoint on GRT burden hits consumers and business
Senate leader Peter Wirth warns New Mexico lawmakers that rising gross receipts taxes have pushed the state toward a tough predicament. Tax Institute head Richard Anklam cites 9 to 9.44 percent combined local and state GRT in various communities, noting tax pyramiding hurts consumers and raises costs for business while reforms seem elusive.
MENTIONED IN THIS ARTICLE
Mexico
Senate
Peter Wirth
D-Santa Fe
Richard Anklam
New Mexico
Espafiola
Santa Fe County
Taos Ski
Anklam
Jason Harper
Rio Rancho
Texas
Wirth
Ron Griggs
R-Alamogordo