Thursday, July 12, 2007

Mexico's Calderon getting closer to tax reform

(Reuters) - Calderon's conservative party lacks a majority in Congress,
but his proposal to boost tax revenues might get the support it
needs from a key political party if he accepts relatively minor
changes, a senior lawmaker said on Thursday.




"The way things are moving along now, we see a good chance
of bearing fruit," said lawmaker Jorge Estefan,
a point man in fiscal reform negotiations for the opposition
Institutional Revolutionary Party, or PRI.


Read more at Reuters.com Bonds News

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