Taxation by Default: A former Assistant Commissioner for Tax Policy examines how currency depreciation quietly increased the tax burden on US-dollar earners—and how the safeguard in the law was never implemented

How a falling currency raised personal income taxes without an act of the Legislature If you earn United States dollars in Liberia, your income tax has gone up since 2011. You were not told. The Legislature never voted to raise it. By Nyane C-Jay Wratto, contributing writer In 2011, a worker earning US$700 a month […]