PRESS RELEASE
Hull’s 52-page white paper leaves a $2 billion hole in the state budget and includes internal notes, raising the question: did Hull even read his own plan? The math ain’t mathing.
ALBUQUERQUE – Today, the Democratic Party of New Mexico exposed critical flaws in Republican gubernatorial candidate Gregg Hull’s half-baked plan to eliminate the personal income tax. Hull’s published 52-page white paper, touted as the centerpiece of his campaign, is rife with what appears to be AI-generated text artifacts, missing cost estimates, and fatal budget errors.
“It seems Hyperscale Hull is living up to his name, offering New Mexicans an AI-written, $2 billion budget disaster that enriches the wealthiest while leaving working families behind,” said Mila Myles, spokeswoman for the Democratic Party of New Mexico. “The math ain’t mathing, Gregg, and New Mexicans deserve a governor with real, workable solutions—not half-baked schemes that threaten our schools, our public safety, and our healthcare.”
Key Findings From Hyperscale Hull's “Not Ready For Primetime” Tax Plan include:
Unedited AI Drafting Notes: The white paper contains over 30 instances of internal drafting instructions, leftover markdown formatting, stray legal citations, and broken sentence structures that reveal the document was published without thorough human review.
No Price Tag or Timeline: Leftover drafting notes explicitly concede that a "complete statewide cost... have not been established for this design" and that the campaign never properly rescored the model after narrowing its scope.
A $2 Billion Budget Hole: Eliminating the personal income tax strips away an estimated $2.2 billion in annual state revenue—roughly 16% of the general fund. Under Hull’s own affordability benchmarks, the plan would create a deficit of at least $82 million under best-case forecasts, despite Hull claiming that his plan would fill the entire gap.
A Slam Dunk for Millionaires, an Airball for Working Families: While top earners receive automatic tax cuts, working families seeking relief through the Child Tax Credit (CTC) and Working Families Tax Credit (WFTC) would face complex filing barriers, threatening access for lower-income New Mexicans.
To learn more about Deb Haaland’s vision for New Mexico, and to read her plans to lower costs for families and expand both the Child Tax Credit (CTC) and the Working Families Tax Credit (WFTC), visit https://debhaaland.com/debsplans/