Press release: Roch bill gives tax break to retired military

Military retirees in living in New Mexico may see their state income tax burden reduced under a bill introduced this week in the State House by Representative Dennis Roch (R-Texico). House Bill 162 proposes to exempt twenty-five percent of a retiree’s military pension income from the state’s personal income tax, with that percentage increasing to […]

Economy needs permanent tax reforms, cuts

Tax reform is in the air. One proposal floating around is to eliminate or reduce the tax deduction for home mortgage interest. About 35 million homeowners use the deduction to reduce their yearly tax bills. The total deduction amounts to about $131 billion a year. During the recent wrangling in Washington over the the budget […]

City commissioners table tax proposals

Russell Anglin By Russell Anglin Quay County Sun Robert Lumpkin’s message to Tucumcari residents on Thursday included a number of talking points, but one underlying theme. “The City of Tucumcari is now in need to cut spending, cut services, or increase revenue,” Lumpkin said. The Tucumcari City Commission tabled two tax ordinances at their regular […]

Free income tax preparation offered for low income, elderly, disabled persons

The Eastern Plains Community Action Agency, located at 210 W. Center St., is offering free income tax preparation for low income, elderly and disabled persons. The free service will start Jan. 18 and end April 18, and will be available Monday through Wednesday each week from 9 a.m. to 3 p.m. For more information, please […]

Tax dollars should not fund religious center

Freedom New Mexico Park 51 developers, formerly known as Cordoba House, the group behind what is popularly known as the proposed “ground zero mosque” two blocks away from the site of the 9/11 attacks, has catapulted its proposed project back into the news spotlight. By applying for a $5 million grant from the Lower Manhattan […]

Letter to the editor: Tax cuts make deficit worse

Your editorial “Midterm results should invigorate Washington” advocates the extension of Bush’s tax cuts for the rich, repealing the health care reform and underfunding or eliminating a “few” vulnerable federal agencies. The editorial says Bush’s tax cuts should be extended. The tax cuts for the rich is a HUGE part of our deficits, a fact […]

Two tax ordinances proposed at meeting

Russell Anglin The subject of taxes weighed on the minds of Tucumcari city commissioners and citizens at the commission’s Nov. 11 city hall meeting. Pajarito Interiors owner Ruth Nelson was the first to address the commission. She expressed concern over the burned, hazardous Sands Dorsey building and asked the commission to pursue legal action against […]

Tax raise needed for Tucumcari

Jim Witcher As you know, economic times are rough throughout the nation, and budgets are tight. As an example, I just found out this morning that the State now estimates their deficit to be $450 million. This means that any significant aid for our community in the form of grants is no longer possible. Therefore, […]

Tax help still available

Bt Thomas Garcia: QC Sun writer With the April 15 tax deadline fast approaching, area residents can still take advantage of free tax help from Internal Revenue Service trained volunteers. There are three sites in Tucumcari offering Volunteer Income Tax Assistance (VITA), helping residents file their federal and state income tax returns. The sites are […]

Grocers oppose reintroduction of food tax

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By Chris Schmaedeke, QCS managing editor Local grocers don’t believe reinstating a food tax is the solution to solving a shortfall in state revenue. The statewide food tax was abolished six years ago by New Mexico Legislature with Gov. Bill Richardson’s support. But a 42-member task force appointed by Richardson in November appears to be […]