Lower Taxes, New Taxes

If the coming revenue bill is to include some new taxes, may it be a tax on cigarettes: seven out of ten Mexicans say they would support a new tax on tobacco, according to a poll conducted by the Senate health subcommittee. Of course, the fact that the same proposal garnered only 39 percent support last year from Mitofsky suggests that the 70 percent might not be quite accurate.

Also, it appears as though one of the planks of the revenue agreement will be a lowering of the IVA to 15 percent.