Mexican Pres. Bows to Trump. Announces 2,000-Mile [economic free] ‘Zone’ To Help Stop Illegals

Posted by $ Olduglycarl 6 years, 6 months ago to News
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That decree will create a “free zone” roughly 15.5 miles wide along the 2,000-mile long border, from the Pacific coast to the Gulf of Mexico, that will feature dramatically reduced taxes, a doubled minimum wage and certain commodities priced similar to that found across the border in the U.S.

The income tax rate in the “free zone” would be reduced by one-third, from 30 percent to 20 percent, while the Value Added Tax for imported goods would be cut by half from 16 to 8 percent. That’s aimed at spurring business growth, which would increase employment.

Late entry! Trump Finds $14B For His Border Wall – In Famous Criminal’s Pockets!
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All Comments

  • Posted by bobsprinkle 6 years, 6 months ago
    Do they mean "free from economic/business" zone?
    Or free meaning no taxes on economic activity.
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  • Posted by GaryL 6 years, 6 months ago in reply to this comment.
    I guess they would have to ask the politicians and police on both sides who are taking the bribes and making the profits.
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  • Posted by GaryL 6 years, 6 months ago
    Mexico would do better by placing a high export tax on all the dope that heads north and the US placed a high tax on all the cash heading south.
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  • Posted by freedomforall 6 years, 6 months ago in reply to this comment.
    The Mexican plan sounds like that, and perhaps, a zone where the drug warlords can prey upon more people. Maybe this solution was a suggestion made by the drug lords. With US drug laws somewhat in retreat, the drug lords monopoly is endangered.
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  • Posted by $ Olduglycarl 6 years, 6 months ago in reply to this comment.
    Yep, I remember the article...but still, the thought came out of the blue...I hope that wasn't a premonition.
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  • Posted by $ Olduglycarl 6 years, 6 months ago in reply to this comment.
    I had a strange dream last night. I was listening to the radio when they announced that the new president of Mexico was shot.
    Have no idea where that came from.
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  • Posted by freedomforall 6 years, 6 months ago
    Another lying sack of s%^t politician speaks with forked tongue.
    An economic free zone would have NO Taxes, not 20% income tax and 8% VAT.
    In fact, since collection of income tax from the majority of Mexicans is near zero, this "free" zone has effectively higher taxation than the rest of Mexico. (Not even mentioning the crime levels across the border are often horrendous.)
    This is a typically fraudulent act by a looter.

    OTOH, maybe this shows a possible solution. The GOP establishes a true tax free, EPA-free zone 1 mile wide along the border for any legal American who builds a wall to federal security specifications along their border property. Imagine the rush of multinational corporations buying up border property for the tax advantage, and the sudden creation of jobs along the border.
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  • Posted by Dobrien 6 years, 6 months ago
    Ford just canceled plans for a $billion plant in Mexico and will expand in Mich.
    Over 100 Mexican candidates were murdered last year. The political corruption is a disaster for those people and destroys opportunities .
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  • Posted by $ Olduglycarl 6 years, 6 months ago
    And This from a left wing populist...although, we get the hint of his left wingness by the increased minimum wage...
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