Newly inaugurated Mexican President Andres Manuel Lopez Obrador has a plan to secure the U.S.-Mexico border, and it doesn’t include a border wall. Rather, he intends to declare certain areas that are “no man’s land” as economic “free zones.” The goal for these 15-mile wide, 2,000-mile zones is to help reduce the incentive for Mexicans to emigrate to the U.S. The higher price point for goods and services in this zone could also make the trek less feasible for Central American would-be illegal immigrants. It’s an interesting theory. We’ll see how that works out.
Here’s more from The Daily Wire…
Mexican President Andres Manuel Lopez Obrador has unveiled a new plan to curtail illegal immigration to the United States by focusing on creating economic “free zones” along the U.S.-Mexico border.
López Obrador, a leftist, announced the Tax Incentive Decree for the Northern Border Region which will create free zones near the border that are over 15 miles wide and will reportedly encompass approximately 2,000 miles. The San Diego Union-Tribune reports that the free zones will:
reduce income taxes from 30 percent to 20 percent
slash the Value Added Tax for goods coming into the country from 16 percent to 8 percent
boost the minimum wage 100 percent to 176 pesos ($8.80), and
make fuel prices the same as those in the the U.S.