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Conflict Incident Report
Lebanese Communist Party protests proposed tax increases
The youth sector of the Lebanese Communist Party and the Union of Lebanese Democratic Youth staged a protest Friday in front of the Central Bank in Hamra to oppose reported proposed tax increases.
According to a recent report in Al-Akhbar newspaper, Central Bank Gov. Riad Salameh suggested in a meeting last week that to resolve the country’s housing loans crisis, LL5,000 ($3.33) should be added per every 20 liters of gasoline and the Value-Added Tax also be increased.
Salameh later denied these increasing were on the table.
Lebanese Communist Party leader Hanna Gharib commended those who showed up to protest the proposed increase in VAT and additional taxing on gasoline prices, saying, “They impose taxes on the poor, workers, teachers and low-income earners, as if these are the cause of the housing loan crisis.”