News Briefs

  4/1/2012, Nisan 9, 5772

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.