NM House Republicans urge Gov. Lujan Grisham to hold special session to eliminate state income tax

New Mexico House Republicans are pushing Governor Lujan Grisham to convene a special session to abolish the state income tax, arguing that a one-time $250 rebate won't sufficiently offset the burden of high gas prices. This move underscores the growing political pressure to address the economic strain on residents, especially as fuel costs soar. The proposal to eliminate the income tax could have significant implications for the state budget and future fiscal planning, sparking debate on whether such a change would genuinely benefit taxpayers or disrupt essential public services.