Mexico’s mismanagement is one of the reasons why Pres. Peña Nieto is so unpopular:
Mexico’s congressional audit office has ruled that a controversial government program to give away some 10 million flat-screen TV sets to the poor wasted an estimated $39 million of taxpayers’ money.
The audit found that some 339,000 of the televisions in President Enrique Peña Nieto’s nearly $1-billion program were defective. The subsidy program was aimed at helping the poor during the country’s 2015 switch from analog to digital signals for television.
Around 12,200 television sets are missing altogether
Mexico’s congressional audit office estimates that $39 billion was wasted.
Mexico is turning more to the left, spilling raw sewage on California’s beaches, and its largest source of revenue is remittances totaling US$29 billion, outpacing petroleum exports (US$18.7 billion) and revenue from foreign visitors (US$17.4 billion).
95% of remittances come from the United States.
No wonder the Mexican government wants to keep the remittances coming. They made a video: “How to prepare in case you are detained for immigration [violations]
The first item is (my translation):
“01 HAVE AN EMERGENCY PLAN
take care of your family,, especially underage children. If they were born in the US, go to the nearest consulate and register them as Mexicans.”
The US$50 million campaign will
hire lawyers for migrants facing deportation in the United States.
The money will also go to outreach programs “to promote respect for Mexicans’ rights.”
Think of the program as a business expense for the Mexican government, which gets more money from those who leave than from those who stay.
Then there’s the US Tax code. According to IRS Publication 501, Table 5,
The provision allows the U.S. taxpayer to claim an exemption and deduct $4,050 from taxable income for such relatives living in Mexico, so long as the relative’s gross income is less than $4,050 per year, and the U.S. taxpayer taking the exemption provides more than half the person’s total support for the year.
Who verifies that the claimed exemptions are legit?
Old Timer says
When referring about Mexico’s corrupt politicians how can he conclude “allowing the United States to punish the poorest for their mistakes”? Just what is the US doing to these poor people?