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Senate Republican Leaders Renew Call to End State Tax on Social Security Benefits

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SANTA FE – Following a recent report from the Legislative Finance Committee projecting $1 billion dollars in additional revenue for the upcoming budget year, Senate Republican leaders today renewed their call for a repeal of New Mexico’s social security tax on seniors. In previous years, Democratic lawmakers have repeatedly blocked Republican efforts to repeal the outdated tax, citing the loss of government revenue as their justification.

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