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In Armenia, a new property tax prompts debate about social justice

Armenia’s reform government recently introduced a flat income tax. Critics say a new property tax could hit people on low incomes hard.

In Armenia, a new property tax prompts debate about social justice
Apartment building in Yerevan | Hetq.am / Narek Aleksanyan. All rights reserved
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This month, the Armenian parliament gave the green light to a government project to increase property taxes.

Prime Minister Nikol Pashinyan, who came to power as a result of the “Velvet Revolution” in 2018, characterised the introduction of a progressive property tax as one of the most important economic reforms in Armenia.

“Last year we were criticised for violating the principles of social justice by introducing a flat income tax. We then said that we would solve the issue with reforms, with a progressive property tax,” Pashinyan said.