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International Competitiveness

While MEPs 18%, employers ask for 12% of what is estimated to be about 16%. 4 – All payable, there will be no escape from what deputies called the Swiss cheese effect. We ALL pay the CETU or as it is called. Those who engaged in business activities, farmers, carriers, schools, restaurants, who this discharge fee, leasing, disposal of property and even political parties and the grantee. Not will escape or exit, will have to pay.

5 – will be given a neutral tax treatment of salaries and social contributions Salaries and social charges as the IMSS, INFONAVIT, local taxes and other benefits required by law, not be deductible by way of the deduction if but the amount to reach base in terms of the fee is 16% (or whatever) and this effect will be credited against the CETU. This will make it a neutral position before the CETU concept. 6 – The pension plans that companies will pay CETU The social welfare will not be deductible, you can not deduct the amount of tax so that higher welfare, more CETU. Companies that have implemented schemes savings funds, pantry vouchers, pension plans, health club, pantries and others should pay for such items CETU. 7 – The CETU us out of International Competitiveness “Mexico in the World More and more world in Mexico,” not will be possible because CETU. It turns out that the friends of the SAT, they forgot that we have signed 31 international agreements on taxation where foreign countries have invested in our country were able to demonstrate today the income tax paid in the national territory in its country of origin. In the event that these companies pay the CETU, NO may establish such a tax in their country of origin, reason will have to absorb the charge and punish their profits. 8 – The CETU will result in inflation and unemployment is estimated that over 60% of taxpayers will cause CETU, or pay more taxes and this will become an additional cost and therefore (in the logic of maintaining profit margins ) will impact businesses that charge in their prices.

If so, it will cause inflation and unemployment. 9 – Public Expenditure control remains true, whatever our Members, nobody likes to be reviewed, much less will be assessed. The House is doing everything possible to pass the fiscal reform but without implying that the Government give up as some, especially the local governments that are far from accepting an effective accountability and evaluation expenditure. 10 – The VAT reform for next year and not believe that we are saved! CETU reform is for 2008 and 2009 is the VAT. It’s not pessimistic, is that simply counted the reforms was being incorporated into the original initiative, the government will not be enough to meet the social and infrastructure needs that the country needs. The CETU at best, will reach 1.5% of GDP in six years and needs to cover pensions, Fobaproa PIDIREGAS and all that wildlife needs (combined with the fall in oil revenues) represent over 3% of GDP in the same period. Where do you think will the resources come?