MEXICO CITY -- Mexican President Felipe Calderon took office last December promising to create jobs, crack down on drug traffickers, improve infrastructure and reduce rampant inequality. But any progress towards tackling these national priorities hinges on a much more mundane topic -- tax policy. This is why Calderon's recent fiscal reform initiative, currently being discussed by a Mexican congressional committee, is a crucial test. To make his promises reality, he needs more money, and improving the nation's anemic tax collection is the only solution.
Tax Reform is First Crucial Test for Mexico’s Calderon
