ENERGY REFORM

What are the benefits of energy reform?

New job opportunities.

In Mexico hundreds of engineers who do NOT have a relative or a lever on the oil union to work in PEMEX graduate. The advent of private companies will create new jobs. Assuming similar work around the world are paid well we might expect a similar situation in Mexico, well-paying jobs. The new jobs will not have the benefits of a worker PEMEX but who the hell in the world has the same benefits PEMEX union? In addition, over time there will be a transfer of skills and knowledge that will make Mexico a more competitive country.

The tax reform

The federal government expenditures depend on PEMEX as 40% of what the government spends comes from oil revenue, income as you want to see is going to decrease with or without energy reform in the coming years. The government will then have to seek other sources of income and considering that 60% of Mexican workers do not pay taxes because they live in informality is no alternative but to raise VAT by even.

That's interesting because social pressures cause, something will have to do about the minimum wage is not enough for anything. In turn informal workers who actually pay taxes but they do as leaders corruption charros groups associated with political parties will have to rethink your situation.

Upgrade PEMEX

Just remove the large tax burden on the shoulders of PEMEX will allow the company to invest. A colatera effect will be that the medium-term energy reform will lead to the weakening of Mexico oil union because union not depend on oil to extract the oil. Future governments will have the chance to put the oil union and thus modernize PEMEX.

Conclusion

Energy reform is needed, there is no other realistic way. Yes, we all want the oil rent out solely for the benefit of ALL the people but the historical corruption has led to this situation.