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... Legislators also passed major election-reform initiative (see other article in this issue of SourceMex). The legislation, which reduces reliance on oil-export revenues while imposing new corporate and gasoline taxes, received mixed reactions from members of the business community, but was generally opposed by the center-left Partido de la Revolucion Democratica (PRD).
As with the election-reform legislation, political observers were amazed at the ability of Congress to finally pass tax plan. However, the initiative was approved largely with support from the governing Partido Accion Nacional (PAN) and the opposition Partido Revolucionario Institucional (PRI). Unlike with the election-reform plan, the PRD and its coalition allies in the Frente Amplio Progresista...
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