Sheinbaum rejects proposal to tax retirement funds and inheritances, rules out new taxes on citizens

Mexican President Claudia Sheinbaum has firmly rejected a proposal from Supreme Court Minister Lenia Batres to levy income tax on retirement funds (Afores) and inheritances. During her regular morning press conference on Thursday, Sheinbaum Pardo declared that her administration has no plans for new taxes. She added that if any such measures were ever contemplated, they would not target the general populace.

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No, I do not agree with that.

"For now, we have not planned it. If it were to be proposed, it would be explained, but for the moment, we have not planned it. But it would not be for the people. In any case, there would be other mechanisms for greater collection, but at the moment we have not programmed it," she stated.

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In my case, I do not agree; I would not open that debate.

When directly questioned about Batres's suggestion, the president responded unequivocally, "No, I do not agree with that." Batres had suggested that the matter should be opened for legislative debate. However, Sheinbaum Pardo dismissed this, saying, "In my case, I do not agree; I would not open that debate. It is the minister's opinion, and she has every right to have an opinion. In our case, we do not believe that inheritances, which are taxed in practically all countries in the world, should be taxed. By the way, it is not something strange."

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In our case, we do not believe that inheritances, which are taxed in practically all countries in the world, should be taxed.

Sheinbaum concluded by reiterating her stance: "But it is not a proposal that we would make."

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But it is not a proposal that we would make.