He is a Clinical Professor (retired) in the Division of Emergency Medicine, UT Health Science Center at San Antonio, and has been the Chief of Emergency Medicine at UT Medical Branch and at UTHSCSA with over 250 publications.
New Mexico (NM) Sales Tax Rates by City. The state sales tax rate in New Mexico is 5.125%. With local taxes, the total sales tax rate is between 5.125% and 8.688%. New Mexico has recent rate changes (Wed Jul 01 2015). Select the New Mexico city from the list of popular cities below to see its current sales tax rate. Show: Popular | Counties | All | A B C D E F G H I J K L M N O P Q R S T U V W Y Z.
Overview of New Mexico Taxes. New Mexico has a progressive income tax with rates that rank among the 20 lowest in the country. The stateâs average effective property tax rate is the 12th lowest rate in the country. The state does not collect a sales tax, but rather a gross receipts tax on businesses that often gets passed to consumers.