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      Free Daily Israel Report
      Archive: 12/8/2013
      13:54
      Reported

      News Brief

        12/8/2013, Tevet 5, 5774

      Government Approves Cancellation of Income Tax Increase


      The government has approved the proposal of Finance Minister Yair Lapid to cancel the income tax increase scheduled for January 1st.

      The decision reduces austerity budget cuts by 3.3 billion NIS for 2014, says the Finance Ministry.