Mexico | It is urgent to increase the Tax Collection

Summary

The country only collects 14% of GDP for tax purposes. Not only does this represent the lowest level of all the countries that are part of the Organization for Economic Cooperation and Development (OECD), but it is also lower than the collection levels of most Latin American countries.

Key points

• Key points:
• Most of these resources are already labeled for specific items, which leaves little room to invest in infrastructure, health or education
• Between pensions, debt service and participations, more than 10% of GDP is allocated in a country that collects 14%

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