Albuquerque, NM

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State DOT will seek 25-35% hikes on vehicle registration, new EV car fee to fund road repairs - New Mexico Political Report (nmpoliticalreport.com)

submitted 1 month ago by Steve to c/abq@lemmy.world

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AI Summary:
"New Mexico's Transportation Department plans to propose a 25-35% increase in vehicle registration fees and a new surcharge for electric vehicles to raise funds for road repairs. This proposal aims to address rising construction costs and declining revenues. Transportation Secretary Ricky Serna highlighted the need for these changes to maintain infrastructure, as fuel efficiency standards are reducing gas tax revenues significantly."

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[–] Steve 2 points 1 month ago

I wouldn't disagree with both going up.
No increase for 7 years is a long time. It makes sense to increase it 25 or 35%.
It doesn't make sense there should be a sales tax discount on cars. They should absolutely be the standard 5.125% +local tax.