Salary increase and deposit near completion

The article focuses on the necessity of addressing Lebanon's weak tax collection and generating sufficient financial revenues to meet the country's needs, including increasing public sector salaries and paying depositors. It explains that improving tax collection efficiency—similar to Greece's successful efforts in boosting tax revenues and reducing public debt through digitizing administration and developing anti-evasion mechanisms—can generate billions of dollars annually for Lebanon. Even a modest 5% increase in tax revenues could amount to approximately $1.8 billion per year. The article emphasizes that the problem is not with taxes themselves, but with the weak collection efforts and the absence of tax justice, especially amid the expansion of the informal economy and data smuggling. It highlights the importance of establishing an independent and effective tax administration to achieve these goals.

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