Wassim Maktabi,

Georgia Dagher,

Sami Zoughaib,

Sami Atallah

Lebanon’s taxation system is notoriously unfair, regressive, fragmented, and leaky to a point that it has deprived the State of fiscal resources and left the middle- and low-income class to foot the bill.

Every year, the Lebanese state can take structural corrective action by preparing and approving a national budget. The budget—which should delineate a government’s fiscal policy each year—is a fundamental tool for political authorities to determine how revenues are collected and expenditures are allocated in line with strategic objectives such as reducing income disparities and enhancing economic activity. Unfortunately, Lebanon’s political class consistently wastes this opportunity by opting for a fiscal framework that maintains the status-quo and caters to the few at the expense of the many.

To read the full article: click here

Comments are closed, but trackbacks and pingbacks are open.