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Mexico says has less space than U.S. for tax reform

Mexico says has less space than U.S. for tax reform

Tuesday, March 14, 2017, 1:43 PM

Mexico's Finance Minister Jose Antonio Meade said on Monday that Mexico was analysing how to respond to U.S. tax proposals, including a border adjustment tax, but that Mexico has less fiscal space than the United States to enact reforms.Mexico's debt levels have risen sharply in recent years and the government has promised to cut spending this year and reach a primary surplus.
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