It is very timely for the Executive, Legislative and Private Initiative to provide knowledge and experience to reach a consensus and establish best legal conditions that allow a recovery in the productive sector, in state revenues and consequently on the actions to be undertaken by the State for the benefit of Baja California Sur.
In Comparex, as responsible corporate organization, we have insisted that the economic activity of the Mexican state and its productive sectors can only succeed, in a stronger and competitive, when politicians and society understand that only with the intention of the parties to reach agreements on important topics in tax reform, energy and labor, only with this structural reform will raise the prestige of social and economic conditions in our country and our state.
A federal government, according to figures published on its tax administration, said that tax revenue to June 2010 accounted for 5% less than planned, but, encouragingly, in the consumption tax was an increase of 40% compared to 2009 but is projected to grow 3.8% conservative in 2011, with oil revenues with conservative growth rate encouraging, but its true reflection in 2010 on federal revenue sharing to the states has resulted in a considerable degree of borrowing for state and local governments.
Whereas own revenue (local taxes) of the State Government represent about 7% of total revenues, which correspond to 93% federal tax coordination units, and that no conditions have been adding up the wills of the political class, the private sector and social and concluding with the federal structural reforms, unfortunately, our country’s economic growth will be limited to only small annual movements and a slow recovery.
While taxation powers are centralized and distributed on a federal, states and municipalities continue to rely mainly on federal revenues and therefore does not display a state and municipal public finances strengthened and empowered, but we believe it is time for authorities and society we apply them to study and develop economic and tax proposals that stimulate firms to strengthen the productive sectors and the most important economic activity in our state: The Real Estate Tourism.
We are facing constitutional terms for the legislative review and rule on revenue plans for the state and the municipalities for 2011. It is important for the development of our State Executive Members and listen to the private sector who feel firsthand the effects that raise the productive processes.
[...] Productive Sector and Private Investment [...]