New Mexico policymakers are strengthening communities and families with their new budget and tax plans. Governor Michelle Lujan Grisham signed tax reforms into law last week that reduce tax breaks for multistate corporations and the wealthiest New Mexicans, boost incomes for 200,000 low-income households, and reduce the state’s overreliance on volatile oil revenues. Policymakers paired the tax package with a budget that, buoyed by a nearly $1 billion revenue surplus, substantially reinvests in children and infrastructure and advances racial, ethnic, and gender equity.