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The Struggle For Equitable Taxation of Mines—The New Mexico Example

Franklin Jones, Proceedings of 16th Annual Rocky Mountain Mineral Law Institute (1970)

For several years preceding the 1968 session of the New Mexico Legislature, pressure had been developing for increases in the rates of New Mexico's extractive taxes. This pressure, together with the Legislature's response to the pattern of recurrent crisis in state finance, provided the incentive for a study of New Mexico's taxation of extractive industries.