Tax Reform will be further: IECCS

With the formation of a Chamber of Deputies without a qualified majority, the director of the Coahuila Sureste Business Studies Institute (IEECS), Antonio Serrano Camarena, considered that changes are coming in the way of distributing the money, the Tax Reform will be increasingly distant and the municipalities opposed to the governments of their states will have economic problems.

After the result of the election, he commented that important changes are coming in the ways of distributing money at the national level and in the way the budget will be organized, while the possibility of a Fiscal Reform that gives more resources to the government is seen further because the opposition parties will knock down the growth possibilities of the President to grow more in the next presidential election.

However, the level of trust in the country also increases because the message was sent to the world that despite what it is and what it is seen, Mexico is a democracy and although it has an authoritarian president, it was evident that it is willing to adapt, even partially, to the rules of the game of democracy.

Although the economy and business are expected to grow a little, it is the part that these elections has not made clear what will happen because from an economic perspective, how the votes were given, this polarized the rich and the poor and that division is going away to increase.

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