The Income Tax of People whose Salary is up to 150 Thousand Drams will remain the Same, whereas Income Tax of those who have higher Income will reduce

Starting from September 1, the income tax rate will be 23%. Draft Law on Changes in Tax Code.

Friends, you know that those who receive up to 150 thousand are paying 23%,
and those who receive more than 2 million drams pay 36% income tax.
In case if the draft is adopted we all shall pay 23%.

Oh, fine, I’ll pay 13% less.                   I am also lucky. My tax rate will drop by 5%                 Eh, nothing will change in my life.
2.1 million drams                                                   350 thousand drams                               I shall continue paying high tax as I did.

90 thousand drams

Today, those who have law income need increase of income.
The major part of the population receives less than 150,000 drams,
and the new draft will not change anything for them at least in the coming year.

Artist: Hayk Karapetyan

Author of the idea: Astghik Karapetyan

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