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Home > News : Story
New Mexico House approves tax raise
by Nastassia Tamari
Posted: 02.07.2010 at 9:30 PM
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Nastassia Tamari

Nastassia joined the news team in January of 2009. A native of California, she says she is loving the Lone Star state.

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Read more: Local, Economy, Politics, Community, New Mexico House, Tax Raise, Raising Taxes New Mexico

(AP) -- SANTA FE, N.M. (AP) - The House has approved a proposal to raise

taxes on businesses to shore up the program that provides jobless

benefits to out-of-work New Mexicans. The unemployment insurance

trust fund will run out of money by next year because of increasing

claims by jobless workers. The bill approved yesterday would boost

taxes on businesses by $20 million.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)
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