Mexico's desperately needed fiscal reform

An El Universal editorial addresses a long known truth that nonetheless warrants repetition:

In Latin America, only Haiti, the poorest country in the hemisphere, collects less tax revenue than Mexico - around 10 percent of its gross domestic product - compared to almost 40 percent of the quite comparable case of Brazil, and the 30-40 range of the OECD countries.

What does this mean? That very few people pay taxes in Mexico.

Oh, and by the way, Carlos Slim is back on the top as the richest man on the planet.