The "Temporary Tax" Trap in Egypt: How the Admin is Draining Iron Workers! 🇪🇬🏗️

The deception is complete! As many anticipated, and as pointed out by the player excelsior97 days ago, the tax cuts announced by the Egyptian administration were nothing but 'bait' to lure in companies and factories. Today, we are hit with the reality: iron factory taxes have jumped from 10% to 12%, exactly 4 days later!

This hike in the Egyptian market isn't just numbers on a screen; it’s a direct blow to the worker's pocket. When the administration raises taxes, the 'net profit' for the worker inevitably drops. As factory owners in Egypt, we find ourselves forced to raise wages just to compensate for this loss and ensure a decent life for our employees. This adds unnecessary pressure on production without any real benefit to the state other than collection.

Why the insistence on strangling the Egyptian iron sector? Instead of supporting national industry and providing a stable environment, the administration resorts to a 'Discount then Shock' policy. This tax is unjustified; it is merely a tool to reduce worker income and force business owners to pay for the mistakes of an administration that only understands the language of cold numbers.

We aren't asking for the impossible; we demand a fair working environment in Egypt that doesn't make us pay the price of inconsistent decisions from our workers' daily bread!

Free Press | DragonBlack195 🖋️🛡️