El Chisme es...

by ZihuaRob ⌂ @, Zihuatanejo, México, Friday, April 26, 2019, 20:00 (115 days ago) @ Casa Juan

Mexico Daily News is reporting that all 7 of the special economic zones that were to have no corporate taxes for 10 years were cancelled by AMO. All without any advance discussion with business groups. I suspect that several large property deals north of Troncones will unravel.

Yes, the Presidente is determined to eradicate corruption, and he saw these ZEEs as rife with problems. If you know anything about who the wheelers and dealers were on behalf of the government for the local ZEE then you'll realize the significance of what the Presidente did and whose ambitions were most likely hurt.

I say good call on the part of the Presidente. Questionable people were in charge of negotiating and there was never anything remotely resembling transparency locally.

I'll bet the mayor of La Unión is fuming right now.

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