New Egypt tax law: cuts for poor, business hikes

The sun sets over the Nile River and the historical site of the Giza Pyramids as seen from Cairo, Egypt, Tuesday, May 21, 2013. Egypt's president has signed a new tax law that cuts the amount paid by poorer Egyptians while increasing taxes on small and medium-sized businesses. The measure is among many economic reforms the government is trying to impose to control its burgeoning budget deficit. Egypt is negotiating a $4.8 billion loan from the International Monetary Fund, which is pushing for economic revisions.(AP Photo/Amr Nabil)

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New Egypt tax la... The sun sets over the Nile River and the historical site of the Giza Pyramids as seen from Cairo, Egypt, Tuesday, May 21, 2013. Egypt's president has signed a new tax law that cuts the amount paid by poorer Egyptians while increasing taxes on small and medium-sized businesses. The measure is among many economic reforms the government is trying to impose to control its burgeoning budget deficit. Egypt is negotiating a $4.8 billion loan from the International Monetary Fund, which is pushing for economic revisions.(AP Photo/Amr Nabil)
Fighting for 2nd... FILE - In this November 30, 2012 file photo, M23 rebels withdraw from the Masisi and Sake areas in eastern Congo. Fighting between M23 rebels and the army continued for a second day Tuesday, May 21, 2013, near Congo's eastern provincial capital of Goma, in clashes that have so far killed 20 people, all of them either soldiers or rebels, officials said. Peace talks reached a dead end in recent weeks, and after a six-month lull, the Congolese army and the M23 started fighting again on Monday. (AP Photo/Jerome Delay, File)
Car bomber kills... Somali security force members carry away a wounded civilian following a suicide car bomb blast in the capital Mogadishu, Somalia Sunday, May 5, 2013. A Somali police official at the scene said four civilians and a soldier were killed after the suicide bomber attempted to ram a car laden with explosives into a military convoy. (AP Photo/Farah Abdi Warsameh)