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A big part of it is selection bias. 46% of Latino voters != 46% of Latino residents, by a long shot.
The Latinos that have the right to vote tend to be wealthier, more educated and professionalized, and more inclined towards the "Law & Order" and "Anti-Communist" political rhetoric of the Republican Party than their undocumented or unregistered peers. Add to that, during the 1980s and 90s, you had a lot of post-USSR collapse Latin American refugees fleeing countries like Cuba, Venezuela, and Nicaragua that no longer had Soviet support. Those that could legally move to the US typically worked for big American businesses (oil companies, most notably) with their own Reagan/Bush era conservative socio-economic attitudes. Pile in that a lot of these migrant communities have a vested interest in the Republican Party as a tool of patronage - Cubans in Florida have accrued all sorts of special legal privileges precisely because the GOP sees them as a staunch, loyal voting block. And then right-wing press in these communities fuels the anti-communist (and anti-LGBTQ, anti-Black/East Asia, anti-Liberal) politics.
So you're really whittling down the pool of Latinos who get to become legal citizens, the Latinos who get to register to vote, the Latinos who are invited to join the upper class and eventually participate in local/state/national politics, the Latinos who get to participate in national network journalism, and the Latinos who are rich enough to serve as patrons for the next political class.
Eventually, everyone looks like some combination of Ted Cruz, Marco Rubio, and Jeff Bezos.