Sheinbaum Fires Back at Moreno: Remittance Tax Reduction is a Shared Responsibility

Mexico City Mayor Claudia Sheinbaum Responds to Remittance Tax Criticism Mexico City – A recent press conference saw Mexico City Mayor Claudia Sheinbaum address criticism from PRI leader Alejandro "Alito" Moreno concerning the reduction of remittance taxes in the United States. Moreno labeled the reduction to 3.5% a failure. Sheinbaum countered by pointing out the participation of opposition senators in the negotiations. "If he considers it a failure," Sheinbaum stated, "it's also a failure for them." The reduction is part of a broader effort to decrease the tax burden on remittances sent from the US to Mexico. Sheinbaum's ultimate goal is to reduce the tax to 0%. The video shows Sheinbaum speaking at a podium, emphasizing the importance of supporting Mexican citizens receiving remittances. The political implications of this exchange are significant, given the upcoming elections and the ongoing debate on economic policies.