10/21/2013

The lower house of the Mexican Congress has approved legislation to tax high-calorie food and sugary drinks to combat obesity, which is increasing. The bill, expected to pass the Senate, would levy a 5% tax on food with at least 275 calories per 100 grams, a 16% tax on gum and an 8-cent increase in the price of soft drinks per liter. The business community opposes the legislation, saying it would decrease jobs and sales and hurt small business.

Related Summaries