LRA Must Adjust The Personal Income Tax Base
Liberia, March 20 -- Taxation is a fundamental aspect of any modern economy, playing a crucial role in funding government operations, public services, and societal development. While paying taxes may sometimes seem burdensome, it is important to recognize the underlying economic rationale behind taxation. It must be noted that while rationale is one thing, it's up to governments to best implement taxation policy and then utilize collections effectively to get the best outcomes of the revenue generated.[1]
By: Atty. Al-Varney Rogers, A Public Interest Lawyer and Journalist, Email: alrogers2008@gmail.com
Article 34 of the 1986 Constitution, grants legislative powers to the legislature concerning taxes.
"The legislature shall have the pow...
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