Better living through better policy.

Tag: Oil and Gas

Las Cruces Sun News: A case for a permanent fund dividend

Post author By Megan DeLaRosa
Post date September 19, 2023
6 Comments on Las Cruces Sun News: A case for a permanent fund dividend

New Mexico stands on the cusp of a golden era, with its oil and gas boom enriching the state’s coffers to unprecedented levels. Now is the time to ensure that this wealth directly benefits the very people who make New Mexico vibrant and unique: its residents. Drawing inspiration from Alaska’s Permanent Fund Dividend (PFD), it’s […]

Tags Alaska, Economics, Oil and Gas, Permanent Fund, Permanent Fund Dividend, Tax Rebates

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It’s Time to Redistribute New Mexico’s Government-Accumulated Wealth

Post author By Patrick M. Brenner
Post date December 13, 2022
5 Comments on It’s Time to Redistribute New Mexico’s Government-Accumulated Wealth

As the oil and gas industry in New Mexico booms, the state’s projected revenue for the 2024 fiscal year is close to $12 billion. We believe it’s time for the state to consider redistributing some of this newfound wealth to its citizens.