Government to Raise Income Tax on Average and High Incomes

New economic measures include raising the income tax for individuals who earn more than 5,200 shekels and raising “the rich people’s tax”.Elad Benari, Canada, 7/28/2012, 12:06 AM

Steinitz Raises Tax on Cigarettes and Alcohol

A day after announcing a VAT increase, Finance Minister Yuval Steinitz signs an order to raise the tax on cigarettes and alcohol.Elad Benari, 7/26/2012, 3:14 AM

Netanyahu's New Economic Measures Raise Critics' Ire

Prime Minister Netanyahu criticized following decision to raise VAT, cut budgets for government ministries.Elad Benari, 7/25/2012, 5:14 AM