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 News Around the Republic of Mexico | July 2005 
Street Vendors Pledge To Pay One Peso A Day In Taxes
 Wire services
The nation's unauthorized street vendors, known as ambulantes, on Sunday pledged to pay one peso a day each in taxes if the government allowed them to stay in business.
With up to 25 million illegal vendors throughout the republic, the offer would total more than 750 million pesos (US70 million) a month for the government.
The director of the Association of Civic and Commercial Law, Graciela Coronel, tabled the offer to tax authorities with the proviso that the vendors would be free to go about their trade.
The deal comes in the wake of a weekend summit in Mexico City between the non-governmental organization director and representatives from some of the largest street vendor unions in the country.
In the capital alone, there are more than 1.25 million vendors operating throughout 16 precincts who already pay 4.50 pesos a day to ply their trade. Union representatives were concerned the additional payment might be an unfair burden on an industry which is the product of soaring unemployment and poorly-paid salaries.
The street vendor economy makes up 30 percent of gross domestic product. Although unofficially accounted for, it provides an income for almost a quarter of the nation's population and has been labeled as the "Underground Economy" by analysts. |
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