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ISRAEL AT WAR - DAY 531

tax hikes

Buying vegetables at an Osher Ad store in Jerusalem, August 12 2021 (Sue Surkes/Times of Israel)
February 14, 2025, 4:57 pm
Israeli inflation jumps to 3.8% in January as VAT and utility costs rise
Consumer prices also increased last month as government tax hikes came into effect, upping the costs of food and other goods
By Sharon Wrobel
Illustrative: New Israeli shekel bills, September 24, 2023. (Hadar Youavian/Flash90)
December 31, 2024, 11:41 pm
Financial blows take effect on January 1, ushering in an expensive 2025 for Israelis
Tax hikes set to see paychecks shrink, while VAT, electricity, water and property tax rates are slated to rise
By Sharon Wrobel and ToI Staff
United Torah Judaism MK Moshe Gafni chairs a meeting of the Knesset Finance Committee, December 16, 2024. (Noam Moskowitz, Office of the Knesset Spokesperson)
December 17, 2024, 10:32 pm
Knesset panel passes 2025 tax hikes set to hit working people in their pockets
Finance committee approves Jan. 1 tax measures, including VAT hike, increase in National Insurance payments, and freeze on income tax brackets to rein in ballooning war costs
By Sharon Wrobel
Former Bank of Israel governor Prof. Karnit Flug speaks at the Eli Horowitz Conference for Economy and Society, organized by the Israel Democracy Institute in Jerusalem, May 2024. (Oded Karni)
May 23, 2024, 4:45 pm
Israel’s economic response fails to address war needs, says former central bank head
Despite ‘basic resilience,’ the state has to take ‘tough’ steps, such as tax hikes, to start on a path of strong recovery, says Karnit Flug
By Sharon Wrobel
Soft drinks at a Rami Levi supermarket in Israel, December 3, 2014. (Nati Shohat/Flash90)
January 4, 2022, 12:41 pm
Israel hikes tax on sweetened drinks in bid to encourage healthy lifestyle
Knesset approves committee decree, which takes effect immediately
By ToI Staff
French President Emmanuel Macron speaks during a special address to the nation, his first public comments after four weeks of nationwide 'yellow vest' protests, on December 10, 2018, at the Elysee Palace, in Paris. (LUDOVIC MARIN / POOL / AFP)
December 10, 2018, 11:22 pm
Macron vows tax relief, urges calm in bid to quell protests
In televised address to the nation, French president acknowledges responsibility for anger driving wave of ‘yellow vest’ demonstrations, but resists calls to step down
By Sylvie Corbet and Angela Charlton
Illustrative: Bartender pours the Israeli-made Carmel Pale Ale (Courtesy, Beer Bazaar)
September 8, 2015, 8:18 pm
Treasury announces last call for highly taxed booze
Tariff cuts of 46% on beer, 21% on spirits on tap for midnight as finance minister repeals 2013 tax hike
By ToI Staff
Yair Lapid. (Gideon Markowicz/Flash90)
August 8, 2014, 12:55 am
Lapid: Taxes will not be raised because of Gaza op
Finance minister says he won’t add to Israelis’ financial burdens
By Liz Shenn
Dr. Michael Sarel (Photo credit: Youtube screen capture)
March 19, 2014, 8:28 pm
Top treasury economist quits over tax-free home plan
Economics director says exemption for young couples is populist, may actually lead to increase in prices
By Itamar Sharon
Mayor Rahm Emanuel has made bike lanes and bike programs a signature issue, believing it makes downtown an attractive place for bright young people and innovative companies. (photo credit: AP Photo/Charles Rex Arbogast)
December 27, 2013, 9:14 am
Rahm Emanuel’s pet bike issue raising questions
City of Chicago debates instituting bicycle tax even the Nazis did away with in 1941
By AP
Israelis hold up signs as they take part in a protest march against Finance Minister Yair Lapid's proposed budget cuts and tax hikes, in Tel Aviv on Saturday, May 11, 2013. (photo credit: Flash90)
June 10, 2013, 10:10 am
Bank of Israel says more tax hikes needed in 2015
Despite ‘necessary’ austerity measures, increased government revenue still needed to cover state’s ‘expenditure commitments’
By Gavriel Fiske
Prime Minister Benjamin Netanyahu (left) meets with Swiss Foreign Minister Didier Burkhalter at the premier's Tel Aviv office on Thursday. (photo credit: Moshe Milner/GPO/Flash90)
May 8, 2013, 4:55 pm
Battling for budgets
Lapid passes austerity measures that trouble the press, but the prime minister is reportedly not behind him 100%
By Ilan Ben Zion
Yair Lapid (photo credit: Miriam Alster/Flash90)
May 7, 2013, 4:34 pm
Budget cuts, army service cuts… tax hikes
IDF service is to be shortened by four months, but most of Tuesday’s press attention lies with an imminent shrinking of paychecks
By Ilan Ben Zion
Yair Lapid, center, at a meeting of his Yesh Atid Knesset faction. (photo credit: Miriam Alster/Flash90)
April 22, 2013, 7:11 pm
Lapid and ultra-Orthodox trade barbs over budget proposal
Finance minister’s plan calls for NIS 18 billion in government cuts and NIS 5 billion in tax hikes raises hackles in Knesset
By Michal Shmulovich
Finance minister Yair Lapid. (photo credit: Alex Kolomoisky/Flash90)
April 13, 2013, 8:55 pm
Lapid takes to Facebook to calm public fear of ‘scary’ austerity measures
‘I know it isn’t easy … but the steps we are taking now are necessary fixes that will not last too long,’ promises finance minister
By Ron Friedman
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