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Portales (/ p ɔːr ˈ t æ l ɪ s /) is a city in and the county seat of Roosevelt County, New Mexico, United States. [4] Its population was 12,280 at the 2010 census . Portales is located near the larger city of Clovis , and Cannon Air Force Base , a major contributor to the economy of the region.
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
Regular military salaries of New Mexico residents serving in the U.S. military are subject to the income tax, but since 2007, active-duty military salaries have been exempt from the state income tax. [7] [8] Personal income tax rates for New Mexico range from 1.7% to 5.9%, within five income brackets. [9]
He said the mill levy — or assessed property tax rate — would likely increase by between $50 and $100 annually for homeowners who don't qualify for the veteran's exemption if both proposed ...
Dec. 11—Some 16,700 tax rebate checks from 2022 totaling $6 million were returned to the New Mexico Tax and Revenue Department as undeliverable. The checks were part of the three rounds of ...
Roosevelt County is a county located in the U.S. state of New Mexico. As of the 2020 census, the population was 19,191. [1] Its county seat is Portales. [2] The county was created in 1903 from Chaves and Guadalupe counties and named for the then-current President of the United States, Theodore Roosevelt. The county's eastern border is the Texas ...
Tax free weekend in New Mexico begins at 12:01 a.m. on Friday, Aug. 2 and runs through Saturday, Aug. 4 at midnight. The gross receipt tax exception applies to eligible items in several categories ...
In 2005 the federal government spent $2.03 on New Mexico for every dollar of tax revenue collected from the state. This rate of return is higher than any other state in the United States. [21] The federal government is also a major employer in New Mexico providing more than a quarter of the state's jobs.
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