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A luxury tax should be introduced in Armenia. Arakelyan

09.12 10:48 | Category Economics

"The crooked property tax system will cause more serious problems for our population in the near future.

Therefore, it should be completely changed, turning into a luxury tax," wrote Mesrop Arakelyan, an economist and co-founder of the "Land of Living" party. In other words, according to him, property tax should be paid only by those who own expensive property.

"I will present the details of my proposal in the near future," he wrote.

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