While seeking to secure the needed imports to cover its expenses through taxes
and surcharges, the Lebanese Government
misses out that taxes have another role, but the mentality followed in the
taxing system focuses on indirect taxes such as gasoline, mobile services, and
VAT.
The economics Dr. at the American University Jad Chaaban mentioned that taxes
fulfill imbalances in the economy pointing out that if a sector earned more
money than other sectors, taxes should be imposed on this sector to fund the
affected sector.
Dr.Chaaban called for strengthening the work of direct taxes which are
taxes on profits and salaries.
In a talk to LBCI Chaaban mentioned that 70% of Lebanese taxes are indirect and
considered that the Lebanese government hasn't been able to change its taxing
system in a way that suits the public interest.
To watch the full LBCI report, click on the VIDEO above