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10/19/2013 01:52 pm ET

Mexico's Chamber Of Deputies OKs Junk Food Tax

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MEXICO CITY — It may soon cost more to get fat in Mexico.

New taxes on high-calorie foods and sugary drinks were approved by Mexico's lower house of Congress in a marathon 18-hour session that ended Friday, and are likely to become law. They are part of a broader package of taxes and other fiscal changes proposed by President Enrique Peña Nieto aimed at generating nearly $20 billion for the national treasury.

Read more on The Los Angeles Times

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