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The confusing new tax reform:  Sinking small businesses, boosting joblessness while creating a new shadow economy?

Mexican citizens and foreign residents were still reeling under the weight of President Enrique Peña Nieto’s most recent brain storm – a new, amazingly confusing, confused and onerous set of tax laws – when the Republic was hit by a government move surprising economists here and abroad.

Wavery initiation of questionable, harsh monetary laws dent government’s aspiration to create the image of an emerging middle class nation

During Enrique Peña Nieto’s successful campaign for president and during the first months of his administration, beginning in December 2012, he vowed that his government would end the close relationship between Mexican and United States security programs, halting the “perp walks” of captured drug lords and their lieutenants before television cameras.