Home Morena Affirms No Property Tax Increase in Mexico City

Morena Affirms No Property Tax Increase in Mexico City

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In response to growing concerns among Mexico City residents, legislators from the Morena party in the local Congress held a press conference to affirm that property tax will not be increased. This statement comes amidst public debate and clarifies the city’s fiscal policy.

No Property Tax Hike, Says Morena

Deputy Ángel Tamariz, spokesperson for the Morena caucus, emphasized that any increase in property tax would require a proposal from the capital’s administration, and Mayor Clara Brugada has already stated there will be no increments. Tamariz reiterated that the local Congress is responsible for approving the Fiscal Code, making it impossible for such an increase to occur without legislative consent.

“To make the message very clear: property tax will not increase. And why can we say this from Congress? Because it is Congress that approves the Fiscal Code,” Tamariz stated.

Clarifying the Program for the Metropolitan Zone of the Valley of Mexico

Tamariz also addressed the Program for the Metropolitan Zone of the Valley of Mexico (POZMVM), explaining that it is currently in a project phase and serves as a guide rather than a binding instruction. He stressed that the program does not supersede the Constitution and cannot dictate changes to the city’s tax code or instruct the government to modify any taxes.

“The program is not above the Constitution. The program does not decide what the Mexico City Congress will or will not approve. The program does not instruct the Mexico City Government to modify any tax or the Fiscal Code. It is a project and a program,” he commented.

No New Taxes Since 2019

Deputy Valentina Batres highlighted that no new taxes have been introduced for Mexico City residents since 2019. She criticized attempts to confuse the public by conflating the property tax issue with the recent approval of the General Law for the Strengthening and Harmonization of Cadastral and Registry Systems.

“This petty vision of trying to gain advantage by confusing two different provisions to capitalize on supposed public anger is not understood,” Batres remarked.

Accusations of Deliberate Campaign

Paulo García, president of Morena in the capital, asserted that the controversy is a deliberate campaign by the National Action Party (PAN). He described it as a recurring strategy by the opposition to incite panic, fear, and misinformation, particularly when they lack other proposals for the populace.

“Every so often they repeat this kind of strategy. This is another facet of a bet on panic, fear, and disinformation of the people, for lack of anything else to offer the population,” García stated.

Impact on Residents

The assurance from Morena legislators aims to alleviate financial anxieties among Mexico City residents. The clarity provided on the property tax situation and the role of the Congress in fiscal matters is intended to counter misinformation and reinforce trust in the local government’s policies.

The debate surrounding property tax increases has been a sensitive issue, especially in a large metropolitan area like Mexico City, where economic stability is a key concern for many households.

Future Outlook

With the Morena party’s firm stance, it is expected that the property tax rates will remain stable, aligning with Mayor Clara Brugada’s commitment. This decision reflects the ongoing efforts by the city’s administration and the ruling party to manage public finances responsibly while addressing the needs and concerns of its citizens.

The emphasis on transparent legislative processes and the rejection of what Morena considers political manipulation underscore their approach to governance in Mexico City.

Source: https://www.excelsior.com.mx/ciudad-de-mexico/predial-no-aumentara-cdmx-reitera-morena

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