We’re the bottom of the list! Whoo-hooo!
I expect some conservative’s heads will explode when they read this — especially those that always complain that socialist countries (i.e., those with normal things like public hospitals and health insurance and free university tuition) have to soak the corporations. Uh… maybe Mexico SHOULD raise its tax rates, if for no other reason than to free up PEMEX funds for more income generating ventures, but still…
A study by the global auditing company KPMG LLP said Mexico has the lowest corporate tax burden among 10 Western nations.
Mexico was followed by the Netherlands. Canada, Australia and the U.S.
The audit firm computed the total tax index using the U.S. as the benchmark with a score of 100. Canada’s total tax index was 78.8, the Netherlands had 78.3 and Mexico scored 70.2.
Aside from corporate income tax rates, the study also included levies on goods, property, capital, labor and local taxes. On the bottom five after the U.S. were Japan, Germany, Britain, Italy and France.






Mexico doesn’t allow for much foriegn investment or economic freedom. Mexico does do one thing right, they don’t subsidize farmers or sports stadiums. America! Tear down this wall and stop farm subsidies!
Mexico: Quit subsidizing gasoline.