The tax system plays a critical role in the social contract between the state and society, with individuals contributing taxes in exchange for the state’s commitment to societal well-being. However, recent global tax policies have shifted, favoring the wealthy and corporations, exacerbating economic inequality. Lebanon’s tax system exhibits a distinct bias toward wealth accumulators, particularly in real estate, prioritizing speculation over productive sectors and hindering economic recovery. Consequently, escalating real estate prices pose challenges for those seeking affordable housing.

This article examines Lebanon’s existing tax system for land and property, proposing a fair property tax system to reduce real estate speculation and contribute to securing housing at more affordable prices. Emphasizing the need to curb speculative practices, the suggested reforms include implementing just property taxes and stringent measures on vacant properties, along with additional taxation strategies. These changes are imperative for the reconstruction of Lebanon’s collapsed economy and the promotion of social and economic equity.

Construction Housing Land Management and Planning Lebanon

نحو قانون شامل للحق في السكن

غالباً ما تتردّد إشكالات السكن والإسكان في الخطاب العام اللبنانيّ منذ فترة الاستقلال على الأقل. لكنّها ازدادت حضوراً في العقود القليلة الماضية، بفعل مضاربات السوق التي تعمل في سياق يفتقر تماماً إلى سياسات …

Does Lebanon need a rent control policy?

Rent control is a policy frequently criticised and misunderstood by both liberals and conservatives alike. The term “rent control” often sparks concern, particularly among proponents of a capitalist economy rooted in a free …

The 2024 budget:

Rewarding property owners and speculators

This article discusses the 2024 budget in Lebanon, emphasizing the lack of substantial changes to rebuild the collapsing economy. The budget focuses on providing legal cover for state expenses without addressing existing policies, …

Towards a Fair Tax System to Counter the Commodification of Land

Dialogue Series: The Social Value of Land

The real estate sector in Lebanon has historically been given a significant protection as one of the few productive and successful sectors in the national economy, knowing that property taxes are low and …

MP Tony Franjieh Proposes a Land Tax That Prioritizes Private Interests Over the Public

A proposal to amend Articles 13 and 16 of the Urban Planning Law.

It was again placed on the agenda for the 30/6/2021 session.