Gov open to changes in food tax repeal

SANDIA PUEBLO, N.M. (AP) - Gov. Bill Richardson is opening the door to changes in New Mexico's food tax repeal as lawmakers look for ways to shore up the state's troubled budget.

Richardson says the state could bring back taxes on soft drinks and candy by closing loopholes in the food tax repeal that took effect in 2005.

The governor also says he's open to increases on tobacco taxes, this during a press conference at SCHOTT Solar to promote green jobs in New Mexico.

Richardson said several times he is against raising taxes on personal income, capital gains and businesses.

There are still dozens of taxing options left.

The governor's budget task force came up with tax hike options on everything from fuel to food.

"Apparently there were loopholes so candy and soda were not taxed," Richardson said. "Maybe we look at that before the food tax."

The governor said all options are on the table, but he does not want to tax families.

Whatever taxes come out of the legislative session, the governor wants to be temporary.

Richardson said he will work to make sure any new taxes only last three years.