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      Archive: 2/28/2012

      News Brief

        2/28/2012, Adar 5, 5772

      Knesset to Consider Bill to Lower Fuel Prices Wednesday

      Member of Knesset Meir Sheetrit (Kadima) intends to call for a vote, Wednesday, on a bill to cancel the excise tax on gasoline. The cancellation would translate to a half-shekel saving per liter.

      MK Sheetrit said, "If the government wants to tax citizens, it should do so in a transparent manner and be ready to take the public criticism. Indirect taxes hit mainly lower classes and therefore social reform must begin with them."