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Search date: 26-01-2025 Return to current date: Click here

VAT increase: a fresh burden on the poor

At the very start of the year, the middle and lower-middle classes received a "gift" from the government in the form of increased VAT (value-added tax). Before delving into the implications, it is crucial to define the "lower-middle class." These are individuals who perceive themselves as middle class and aspire...

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