The Tax Myth Protecting Mexico’s Rich

How the tax authorities hide Mexico’s rich true contributions

A picture of Mexico’s inequality looks like this: the richest 1% of Mexicans gain 442 times more than the bottom 10% of the population.

And while everyone knows Mexico is one of the most unequal countries in the world, what is less obvious is that inequality survives not only through low wages, inherited wealth, or weak public expenditure, but also through something more obscure like misleading tax statistics.

So today, we will dedicate the weekly essay of Mexico Decoded to analyzing how this works.