“THIS COULD ONLY HAPPEN IN Liberia,” was the reaction of one Liberian to the recent series of tax increases imposed by the Liberian legislature on their poor constituents. THIS MEANS A SENATOR SERVING a 9-year term can import 18 vehicles into Liberia totally tax-free during his tenure! THE NEW LAW ALSO INCREASED the tax on real property from 1/12th of 1 percent on the value of property to 1/4th of 1 percent, a three-fold increase. What is truly incredulous is that the Liberia Revenue Authority (LRA) has persistently complained that people are not paying their real estate tax, and yet they have increased the tax on real property? The preachers say nothing, the teachers say nothing, the lawyers say nothing, the workers say nothing, and everyone stays quiet.
Source: Front Page Africa January 20, 2017 01:45 UTC