Arab governments are putting more taxes on the poor
- Date: 23-Apr-2022
- Source: The Economist
- Sector:Economy
- Country:Middle East
Arab governments are putting more taxes on the poor
LIFE IN EGYPT gets more expensive by the month. Sitting in a café on a shady street, Mahmoud, a software developer, runs through the new taxes and fees. A value-added tax (VAT) was introduced at 13% in 2016, then hiked to 14%. A few years ago the government added a tax of ten Egyptian pounds ($0.55) to Mahmoud’s monthly phone bill. His cigarettes go up a pound or two whenever the treasury needs a puff of extra cash. Last time he got a new driving licence, it cost 15 times more than before.
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