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womanofthehills

(8,827 posts)

19. NM schools are paid for by big oil

Reply to Yo_Mama_Been_Loggin (Reply #15)

Wed Apr 17, 2024, 06:33 PM

Apr 17

Maybe Texas will do the same. Both states are pulling in billions from the relaxing of oil & gas regulations. Both states are getting more polluted too .

Texas is #1 and NM is #2 in oil production in US. Forbes - “ In Texas in 2022, the oil and natural gas industry paid almost $25 billion in state and local taxes and state royalties, by far the largest ever - the previous high was $16 billion”

After NM paid all its bills last yr it still had a billion to invest for the future. What I don’t get is why is most of the oil produced by these 2 states getting exported according to Forbes.

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19 replies

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Highlight:

Move to eliminate Texas property taxes would destroy public schools [View all] Nevilledog Apr 17 OP

That is the purpose....................... Lovie777 Apr 17 #1

It would help low income who lose their homes from not being able to afford property taxes. jimfields33 Apr 17 #4

Texas already has a sales tax at 8.25% BigMin28 Apr 17 #5

Okay. atreides1 Apr 17 #7

Amen. Doing the back-door, corrupt deeds for the Lord. Hallelujah! chouchou Apr 17 #2

No problem, all the rich kids can go to private profit making schools, Fla Dem Apr 17 #3

Not just Abbott wants it that way. BlueKota Apr 17 #12

What would lower property tax would be income tax . . . Johonny Apr 17 #6

How many POOR Texans own homes? ProudMNDemocrat Apr 17 #8

Yeah, they could charge lower rent /s TexasBushwhacker Apr 17 #10

Bet that will not happen. ProudMNDemocrat Apr 17 #11

That's why I included the /s TexasBushwhacker Apr 17 #16

A win-win for Republicans. Chainfire Apr 17 #9

Rich Republicans can't stop coming up with ideas to take from the poor MadameButterfly Apr 17 #13

They complain about the working class wanting something for nothing. BlueKota Apr 17 #14

yeah, how many poor people living on passive income? n/t MadameButterfly Apr 17 #17

Mass migration out of Texas? ProudMNDemocrat Apr 17 #18

But edjumacation is elitist in MAGA land Yo_Mama_Been_Loggin Apr 17 #15

NM schools are paid for by big oil womanofthehills Apr 17 #19