Highlights from Egypt, Dec 10 2012 (Part 1) Yesterday's Taxes Rescinded (or Postponed rather) Today [View all]

Previous thread, Highlights from Egypt, Dec 9 2012 (Part 1) Grand Treason, can be found here: http://www.democraticunderground.com/10021950316


The National Salvation Front categorically rejects the constitutional referendum

Mass protests on Tuesday

Presidential decrees for huge tax hikes on utilities and goods to satisfy the thugs in the IMF didn't go over well at all

Less than 10 hours after State Organs announced the tax hikes, they were rescinded


Gregg Carlstrom ‏@glcarlstrom

So now Morsi *isn't* raising taxes (yet), because he realizes they'd be unpopular with "the Egyptian street": http://bit.ly/YSKoRa (Arabic)


Hani Shukrallah ‏@HaniShukrallah

#MB in power: raise sales tax (hit poor), don't raise tax on rich; issue secret decree, announce week later, take back next morning! slick


sherief gaber ‏@cairocitylimits

Holy shit this is getting ridiculous "Egypt president Morsi halts tax hikes, calls for dialogue" http://english.ahram.org.eg/News/60166.aspx




Edit: Gameela Ismail ‏@GameelaIsmail

@Bassem_Sabry not ANNULS,but SUSPENDS decrees.We will protest 3pm in Cairo at the cabinet,central bank &governorate buildings nationwide


((Tax Details))

Ahmed Ateyya ‏@Ateyya

#morsitaxes: 10% on stock market profits, 18% on cell phone bills, 15% on land fertilizers, 10% on rents, 200% on beer, 150% on liquor
Retweeted by Cherif Barakat