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      Archive: 4/11/2013

      News Brief

        4/11/2013, Iyar 1, 5773

      Yechimovich: Luxury-Tax Hike an Insult to Intelligence

      Opposition Leader Shelly Yechimovich reacted, Thursday, to proposed increases in taxes on luxury cars and apartments by saying, "The ridiculous populist attempt to sell the Israeli public on the idea that the solution to the deep deficit will come from taxation on luxury cars is simply an insult to the intelligence of the citizens of the state and a pathetic attempt to hide the deep blows that are expected to hit the middle class and the working man whom the Finance Minister claims to represent."

      The increased taxes are among the proposed solutions to a budget deficit that was discovered before the recent Knesset elections.