NOW THAT KIPLINGER’S MAGAZINE NO LONGER COUNTS NEW MEXICO AMONG THE BEST STATES FOR RETIRING … WHAT CAN STATE OFFICIALS DO ABOUT IT? STACY RAPACON SAYS THE EASIEST FIX IS THE TAX ISSUE.
SHE SAYS SOCIAL SECURITY BENEFITS ARE SUBJECT TO BEING TAXED, WHICH IS NOT COMMON ACROSS THE U-S. SHE SAYS SOME OTHER RETIREMENT INCOME IS ALSO TAXED IN NEW MEXICO. SHE SAYS A LOT OF STATES ARE MAKING CHANGES TO THEIR TAX LAWS TO DRAW MORE RETIREES.
RAPACON SAYS SOME NEW MEXICO CITIES ARE GAINING IN POPULARITY FOR THEIR CLIMATE AND CULTURE, AND THEIR AFFORDABILITY COMPARED TO ARIZONA. BUT SHE SAYS THERE ARE PLACES THAT DON’T HAVE THE CRIME RATE NEW MEXICO DOES, AND ADDRESSING THE CRIME ISSUE WON’T BE EASY.
