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Proposed increase in GRT deemed regressive and unnecessary by Las Cruces Sun-News


The proposed Gross Receipts Tax (GRT) hike in Las Cruces is being met with criticism as many see it as regressive and unnecessary. The increase in the GRT, which is a tax on goods and services, is causing concern among residents and businesses in the area.

Opponents of the proposed hike argue that it will disproportionately impact low-income families and small businesses, who are already struggling due to the economic downturn caused by the COVID-19 pandemic. They believe that raising the GRT will only add to the financial burden that many residents are facing.

Many also question the need for the tax increase, arguing that the city should focus on finding other ways to generate revenue rather than burdening its residents with higher taxes. They point to potential cuts in government spending or exploring other revenue-generating options as possible alternatives to the GRT hike.

Proponents of the increase argue that the additional revenue generated from the GRT hike is needed to fund essential city services and infrastructure projects. They believe that the increase is necessary to address budget shortfalls and maintain the quality of life in Las Cruces.

Overall, the debate over the proposed GRT hike in Las Cruces highlights the ongoing tension between the need for revenue to fund essential services and the burden that increased taxes place on residents and businesses. As the discussion continues, it remains to be seen whether the city will move forward with the tax increase or explore alternative solutions to its budgetary challenges.

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Photo credit news.google.com

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