Re: Value of Greenback in Mexico

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Posted by Hippie on November 10, 2000 at 17:39:02:

In Reply to: Re: Value of Greenback in Mexico posted by El_Cochino on November 10, 2000 at 14:03:06:

I am certainly no expert on this, and my knowledge comes from a few articles (journalists are always 100% accurate, right?) and talking to a few Mexicans who had either worked there or knew someone who had.

I would guess the advantage to the employer is skirting the minimum wage law, no benefits, and possibly some taxes as well. I have been told that Mexicans do pay some type of income tax when paid legitimately, but I am sure there are others here who have much better knowledge about taxes in Mexico than I do.

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