Cornyn wants U.S. taxpayers to fund Mexican development - 'North American Investment Fund' billed as answer to illegal alien influx

Articles

By Joseph Farah, WorldNetDaily.com, July 13, 2006

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=51036

Sen. John Cornyn, R-Texas, has quietly introduced a bill to create a "North American Investment Fund" that would tap U.S. and Canadian taxpayers for the development of public works projects in Mexico....

"Currently, a significant development gap exists between Mexico and the United States and Canada," Cornyn said. "I believe it is in our best interests to find creative ways to bridge this development gap."...

The fund, if it is ever created, won't just cost U.S. and Candian taxpayers more, it will also cost Mexican taxpayers a lot more.

Cornyn's bill requires the government of Mexico to raise tax revenue to 18 percent of the gross national product. The current tax rate is approximately 9 percent...

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