Comentarios a la Cuenta Pública Nacional de México 2019

Comments to mexico's 2019 National Public Account

Jose Villalobos Lopez ()

MPRA Paper from University Library of Munich, Germany

Abstract: Tax revenues in Mexico account for 13.2% of GDP in 2019, which is right in the middle of what the UK and France collect. This indicator, which is so important and fundamental in the development of nations, makes us see that tax revenues in the country are insufficient to meet the many economic and social needs of the population. Income Tax (ISR) and Value Added Tax are the essential core of Mexico's tax system and between the two contributed 81.8% of the country's tax revenue in 2019. In this study we appreciate that 11.7 million Mexican workers contribute 46.4% of the total ISR in Mexico, the most important contribution of our country and where the nation's tax base rests. Programmable federal government spending accounts for 53.5% of total public spending and 12.8% of GDP in 2019. Almost half of the national public budget has no chance of being redistributed, as it is classified as non-programmable expenditure or compromised in advance, this detracts from the possibilities when it comes to the allocation of expenditures when the federation's budget is formulated. The federation's egress budget includes three items that are fundamental and essential to achieve the economic and social development of the nation, with its implementation, these items are: education, health and pensions. In the three indicators on GDP, Mexico is well be-low OECD member countries and is also below in relation to Latin American countries, such as Brazil, Argentina, Chile and Colombia. In this study, we see that 8.7 million workers registered at IMSS receive two or less of two minimum wages monthly, which gives us as a result that approximately 30 million people in Mexico live with two or fewer minimum wages monthly.

Keywords: public account; national finance Mexico; public account Mexico (search for similar items in EconPapers)
JEL-codes: H0 H61 (search for similar items in EconPapers)
Date: 2020-12-03
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