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Mexico & Nafta - September 2007 (ISSN 1741-444X)
New threat to fiscal reform
The government is running into some last minute hitches over its ambitious
and crucial fiscal reform package. The centrepiece of this is the innovatory
Contribución Empresarial de Tasa Unica (Cetu). The last minute row, in the
first week of September, was over the introduction of a 5.5% tax on petrol.
State governors (predominantly members of the Partido Revolucionario
Institucional) and the PRI itself, which wants to flex its political muscles
after its successes in Yucatán and Veracruz -the country's third most
electorally important state- want to force changes to the government's plan. The
danger is that they will try to force too many changes which will create a
majority in congress against the whole package.
- New threat to fiscal reform
- POLITICS: PRD papers over split
- THE BAJA ELECTION: PAN wins key Mexican election
- THE INFORME: Peaceful and different
- VIOLENCE: Killings pick up again
- THE ECONOMY: Slowing down
- EDUCATION: Ebrard makes a populist move
- BUSINESS FOCUS: The Aeroméxico bid
- NAFTA REPORT: Calderón makes his priorities clear
- TRANSPORT: US court ends block on Mexican trucks