News Briefs

  Sivan 1, 5772 , 22/05/12

Knesset Passes Tax Incentive for Encouraging Settlement

The Knesset passed a bill, Monday, to give tax credits on contributions to public institutions which encourage settlement activity throughout the land of Israel. In the interest of equality, the word "Zionist" was removed from the amendment to the tax code.

In welcoming passage of the measure, Chairman Ze'ev Elkin of the ruling coalition and the Likud faction said, "To encourage settlement is not a dirty word and it is important that the state of Israel pass a law benefiting those who donate to settlement activity. It's a pity that factions, such as Labor, which championed the issue of settlement in the past, refused to uphold a law that will help communities in the Negev and the Galilee only because of fear that the law will also encourage construction in Ma'aleh Adumim, Gush Etzion and Ariel."

Other archived news briefs:May 22 2012, 10:52 AM, 5/22/2012