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Mexican President extolls republican austerity

Mexico City, Sep 20 (Prensa Latina) Mexico’s President Andrés Manuel López Obrador today highlighted the importance of a republican austerity policy and the fight against corruption in the country, while ruling out the need for tax reform.

In his words, if corruption and luxuries are not allowed in the government, as well as extravagances, spending the budget on very high salaries, on airplanes, on privileges for high officials, if there are savings by not allowing corruption, there is no need to increase taxes.

“There is no need to make any tax reform; not allowing tax evasion should suffice, let there be no privileges, nor forgiveness for the powerfuls’ taxes, let us all contribute. There are enough resources, that is, the income is enough,” he said during his usual press conference.

According to official information released by the López Obrador, tax collection grew from three trillion 300 thousand pesos on September 19 of last year, to three trillion 652 thousand (more than 180 billion dollars) now, a 5.6 percent increase in real terms.

ied/ rgh/las

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