Government taking consumer protection too far

By Freedom Newspapers All Americans are morons and dupes: How can they possibly survive without the beneficent people in government, and the many “protections” afforded them by the regulatory superstate, helping them through this dangerous labyrinth called life? Hyperbole? Perhaps. But this seems to be the mindset behind the relentless push to draw the government […]

Child welfare ratings lagging

By Felicia Fonseca: The Associated Press o Study shows N.M. ranks 48th out of 50 when it comes to well-being of children. By Felicia Fonseca The Associated Press ALBUQUERQUE — New Mexico’s child death rate has increased 45 percent over a three-year period, but New Mexico Voices for Children says that’s not as bad as […]

Bill to encourage savings shouldn’t use tax money

Freedom Newspapers New Mexico lawmakers are considering a bill that could create incentives, using some tax dollars, to spur savings for low-income families. House Bill 112 would appropriate $2 million to pay for a matching-fund mechanism. The bill remained in committee Tuesday. It should die there if the wording continues to allow any use of […]

Encourage legislators to encourage savings

By Fred Nathan: Guest columnist The national savings rate is at its lowest point since the Great Depression, according to a report issued recently by the Commerce Department. Last year, Americans’ personal savings actually fell into negative territory (at minus 0.5 percent) for the first time since 1933. With fewer and fewer companies providing pensions, […]

Bill to speed up tax cuts shelved

The Associated Press SANTA FE — A proposal to speed up the phase-in of personal income tax cuts was derailed Thursday by a House committee on a party-line vote. The measure by Rep. Justine Fox-Young, R-Albuquerque, would lower the top marginal tax rate to 4.9 percent this year rather than waiting until 2008 under the […]

Tax laws favoring military combatants

By Tom Philpott: Military Update If tax laws mirror a nation’s values, then America clearly values its military personnel, and more so today than a few years ago. Combat-zone tax exclusions, combined with changes to the Earned Income Tax Credit (EITC) and child tax credits, have reduced or even wiped out the tax liability of […]

Nation’s poor better off than thought

By Walter Williams: Syndicated Columnist Despite claims that the rich get richer and the poor get poorer, poverty is nowhere near the problem it was yesteryear — at least for those who want to work. Talk about the poor getting poorer tugs at the hearts of decent people and squares nicely with the agenda of […]

Heating costs forcing some seniors to look at alternatives

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Richard Jamieson holds up his homemade storm window Saturday at his home north of Clovis. The storm window, which is piece of insulation with tape, is used to keep out the cold and lower heating costs. (Staff photo: Eric Kluth) By Marlena Hartz: CNJ staff writer A wood stove and closed doors. These are the […]

Senior department holding meeting

CNJ staff The New Mexico Aging and Long-Term Services Department will be holding a series of educational meetings throughout the state to discuss the new Medicare prescription drug plans. Representatives will conduct a Clovis meeting at 7 p.m. Wednesday in the Friendship Senior Center located at 901 West 13th. The meeting is free and open […]

Death tax unfair burden on family farms, businesses

Freedom Newspapers A new study by the nonpartisan Congressional Budget Office released July 6 offers more reasons for getting rid of the federal estate tax, which is sometimes called the “death tax.” It’s the tax imposed on the estate of a person after death. The tax rate was as high as 55 percent of the […]