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[1] [2] It does not have inheritance tax, estate tax or franchise taxes. While New Mexico does not have a state sales tax it does have a statewide "gross receipts tax", which is commonly passed on to the consumer by businesses just like a normal sales tax. [3] [4] [5] Its state income tax ranges from 1.7% to a maximum of 4.9%. [3]
The Pit is an indoor arena in Albuquerque, New Mexico, serving primarily as the home venue of the University of New Mexico Lobos basketball teams. The facility opened in 1966 as University Arena but gained the nickname "The Pit" due to its innovative subterranean design, with its playing floor 37 feet (11 m) below street level.
New Mexico's 1st congressional district of the United States House of Representatives serves the central area of New Mexico, including most of Bernalillo County, all of Torrance County, and parts of Sandoval, Santa Fe, and Valencia counties. It includes almost three-fourths of Albuquerque.
The 2024–25 New Mexico Lobos men's basketball team represents the University of New Mexico during the 2024–25 NCAA Division I men's basketball season.The Lobos, led by fourth-year head coach Richard Pitino, play their home games at The Pit in Albuquerque, New Mexico as members of the Mountain West Conference.
The 2023–24 New Mexico Lobos men's basketball team represented the University of New Mexico during the 2023–24 NCAA Division I men's basketball season. The Lobos, led by third-year head coach Richard Pitino, are members of the Mountain West Conference. They played their home games at The Pit in Albuquerque, New Mexico. The New Mexico Lobos ...
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The fund is managed by New Mexico's State Investment Council, an independent state agency which functions as a sovereign wealth fund. [6] The council is made up of certain members of the Government of New Mexico, who serve on an ex-officio basis, and public members appointed alternately by the Governor of New Mexico and New Mexico Legislature.