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  Adar II 9, 5772 , 01/04/12

PM Netanyahu: We Need Taxes to Pay for Defense

Prime Minister Binyamin Netanyahu delivered a polite but pointed reality check at the start of the weekly Cabinet meeting Sunday, couched in his discussion of his last-minute decision Saturday night with Finance Minister Yuval Steinitz to reduce a tax hike on gasoline. The dreaded tax increase was scaled down after protests from consumers – but Netanyahu warned the next day that taxes are needed to maintain the country's defenses, among other necessities of life in a small country.

Other archived news briefs:Apr 01 2012, 03:59 PM, 4/1/2012