Nieto: The Nation Needs Fiscal Reform Magali Marlene Juarez - Rumbo de Mexico
go to original April 20, 2012

Enrique Peña Nieto proposes that those who have the most, pay the most.

Committed to Mexico coalition, presidential candidate Enrique Peña Nieto presented his ten-point plan for economic growth, which includes comprehensive fiscal reform and the possibility of instituting progressive taxation.

Peña Nieto spoke at the 96th National Ordinary Assembly of the Chamber of Commerce Federation (Concanaco-Servytur), presenting a series of proposals that would maintain Mexico’s economic stability and promote competition. The country needs fiscal reforms, he said, that improve the tax system and widen the taxpayer base.

He also proposed simplifying the method of tax payment, instituting a progressive taxation regime in which those who have the most pay the most, and fighting corruption.

His proposals included promoting energy competition, making a larger investment in human capital, increasing available credit levels, increasing infrastructure investment, boosting the formal economy, creating a new trade strategy, and policies that stimulate rural, tourism, and industrial economies.

Peña Nieto took advantage of the occasion to publicly sign campaign promise No. 28, in which he promised to create a National Entrepreneurship Institute to provide training for and authorize loans to companies, making them more competitive.

The Institutional Revolutionary Party (PRI) candidate also touched on the recent smear campaign that opposing parties have launched, accusing him of exceeding campaign spending limits. Peña Nieto said that he is “the most interested” in making sure that spending limits are respected, which, in this presidential election, rose to 336.1 million pesos. He said that he has already turned in information about his campaign spending to the Federal Electoral Institute (IFE) for their evaluation.

We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!