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The Republican plan has its priorities backwards. It focuses on the top and assures everyone else that benefits will trickle down to them. But the reality is that nearly 28 million working families across the country will face a tax increase within 10 years. And in New Mexico, more than 200,000 families with earnings under $74,000 will see their taxes go up. It would take the typical household in New Mexico nearly four years of work just to match the giveaway being provided to a single wealthy person under this tax plan.
