Raising taxes?

Gillian Barkhurst
cc0316

In this world, nothing is certain except death and taxes.

The Albuquerque City Council considers tonight whether to raise gross receipts taxes by a fraction of a percent, potentially raising $113 million a year to invest in infrastructure projects, reduce city-imposed fees and give raises to underpaid city employees.

The proposal would raise GRT from 7.62% to 8.1%, a difference of .4875%.

The ordinance is spearheaded by Councilors Joaquín Baca and Brook Bassan.

Meanwhile, community members have flocked to the council meeting to speak either for or against the measure, with more than 30 people signed up for public comment.

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