Sep 14, 2007

Catemaco Matresses


To fatten the Mexican treasury, lawmakers approved 2 new laws to enhance Mexico’s economic development.

ONE - they raised the gasoline tax - because they are bleeding the monopoly PEMEX oil company to death, and TWO - the Mexican equivalent of the IRS will collect 2% on any deposits totaling more than 25,000 pesos per month, probably because one third of the Mexican economy neither files nor pays taxes.

Consequently beautiful downtown Catemaco will see a surge of the traditional financial institution “Under the Mattress, S.A.”, and local merchants are hustling to place their orders.