Good Intentions vs. Effective Outcomes: An Analysis of Selected New Mexico Tax Incentives

With Lisa Christensen Gee and Dylan Grundman of the Institute on Taxation and Economic Policy

This study examines various tax incentives and tax accounting practices in New Mexico and finds that the state could gain more than $206 million per year by enacting safeguards common in other states. The study also finds that New Mexico lags behind most other states in making public relevant information about its tax incentive programs.