Taxation & Investment
Mexico’s prolonged neoliberal era confirms a public and private drought of investment in the context of a deficient tax system that doesn’t raise more than 11 to 13 percent of GDP.
Mexico’s prolonged neoliberal era confirms a public and private drought of investment in the context of a deficient tax system that doesn’t raise more than 11 to 13 percent of GDP.
As long as Mexican banking remains deregulated, it will continue to be detrimental to growth, generating high profits at the expense of debtors, both in the public and non-financial private sectors.