Thursday, January 21, 2010

PRI Squabbles?*

Two days ago, Manlio Fabio Beltrones offered the PRI's opening position in the Senate on fiscal reform, which would include:
[A] generalized tax on consumption and income at lower rates, but absolutely everyone pays, which would widen the taxable base, but also would allow for the creation of an exempted basket of basic staples like food and medicine.
In any event, a day later, the PRI faction in the Chamber of Deputies distanced itself from Beltrones' proposal to a certain degree.

I look forward to reading some more expert opinions on this, but increasing revenue by lowering taxes is something that provokes no small amount of skepticism. "Everyone must pay" sounds good, and tax evasion in Mexico is said to be rampant so it's a worthy goal, but if it was so easy, it would have happened already.

*That's a headline that hasn't fit very often over the past three years.

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