The governors of several Mexican states are reportedly looking to revise their long-standing tax sharing agreement with the federal government. Under the 1978 agreement, the federal government collects oil taxes and sales taxes from Mexico's states, with 80% of the tax revenue retained by the federal government and 20% reallocated to the states.
With the increased financial pressure being caused by the COVID-19 pandemic, governors of several states have voiced their complaints with the agree…