The government made several final compromises in the proposed budget for the year 2002 late last night, and hopes to present it for a Knesset vote as early as today. The changes did not satisfy all the coalition members, however, and the Shas party plans to vote against it.
Child allowances will be cut by 12% (the Finance Ministry had asked for 19%), employer-supplied cell phones will be taxed, and a special 1% tax will be levied on those earning more than 30,000 shekels per month. The Negev Law still stands, but it was cut by 1/3. United Torah Judaism, like Shas, is against the child-allowance cuts, but is planning to vote in favor of the budget.
Child allowances will be cut by 12% (the Finance Ministry had asked for 19%), employer-supplied cell phones will be taxed, and a special 1% tax will be levied on those earning more than 30,000 shekels per month. The Negev Law still stands, but it was cut by 1/3. United Torah Judaism, like Shas, is against the child-allowance cuts, but is planning to vote in favor of the budget.