On tax day, see the big picture

-A A +A

It’s tax time again and that means pundits will trot out the stale claim that some Americans don’t pay any taxes and assert that the beleaguered rich are stuck paying more than their fair share. But when you look at the whole tax system you see a very different picture.
While some Americans don’t pay federal income tax (mainly because they earn poverty-level incomes), virtually everyone pays some form of tax. And most taxes (especially at the state and local level) hit the working poor and elderly hardest.
The omnibus tax bill New Mexico’s Governor just signed will make that injustice even worse.
The federal income tax is progressive—meaning those who earn the most pay the highest rate.
It’s designed this way because most state and local taxes are regressive—meaning those who earn the least pay the largest share of their earnings in these taxes.
State and local sales and excise taxes are examples of regressive taxes.
Those who earn very low incomes have to spend a greater percentage of it on necessities, many of which are taxed (like clothes, diapers, toiletries, etc.).
High income earners don’t spend all of their money, so sales taxes take up a much smaller share of their income.

If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!

Renew Current or Past Subscription / Register for Online Subscription

If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.

Click the question mark below to see where your account ID appears on your mailing label.

Newspaper Acct. ID:
Street Address:
(exactly as it appears on the label)

If you are a subscriber and you do not know your account ID or don't have a copy of your newspaper available that shows the information on the address label you can click continue below to search for your account.

New Subscription/30 Day Free Trial Account

If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.

ZIP Code:

Create a limited access account.
Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.

The Los Alamos Monitor | lacirculation@lamonitor.com | 505-662-4185
256 DP Road, Los Alamos, NM 87544
Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday