Breaking taboo, Mexico gov't aims to tax food, medicine
date:Jul 29, 2013
d proposals are very similar.

The government is also seriously considering proposingraising the top income tax rate to make wealthier individualsand companies pay more, officials said. That could impose a newtop bracket as high as 37 percent they said.

The bill will also include incentives to try and draw inmore of Mexico's vast informal economy into the tax fold. TheLabor Ministry estimates that the government misses out on taxrevenue equal to 4 percentage points of GDP due to the size ofthe
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