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Governor reins in tax relief proposal, boosts state spending

Por: Associated Press Business April 07, 2023

SANTA FE, N.M. (AP) — The governor of New Mexico scaled back a tax relief package on Friday based on concerns it could undermine future spending on public education, heath care and law enforcement while signing into law $500 individual tax rebates and the largest proposed spending plan in state history.Surging oil prices and output in southeastern New Mexico have produced a financial windfall. In a state with high rates of poverty and low... + full article



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