[E]ventually, the PRI will have to be the first to know that sooner or later it must accept that tax, above all if it wants to govern with a more solid economy in the future.The PRI's opposition has been pretty absolute thus far, so I guess we'll have to see if Fernández's prophecy comes true. But the polling mentioned below and the worsening "fiscal shock" make it seem more likely than it did last month.
Friday, August 28, 2009
The VAT Debate, Continued
The incoming deputies from the PAN are dismissing the possibility of a value-added tax, just as the PRI and PRD have for months. But Vázquez Mota later said it's not totally out of the question. And in a recent column, Jorge Fernández Menéndez argued that the PRI's opposition is bound to give way: