Tax Reform: Mexico's Fox Is Pushing The Case

With his popularity high, the President-elect is eyeing a radical fiscal overhaul

Taxes. That's a word politicians dare not speak, unless of course it's cuts they're talking about. Yet, fresh from his July 2 victory, Mexico's President-elect, Vicente Fox, is taking the issue head-on. Inauguration day may be five months away, but Fox has already commanded his team of economic advisers to begin work on what is sure to be one of the biggest challenges facing his administration: A wholesale overhaul of Mexico's antiquated and hopelessly inefficient tax system.

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