08.05.2012                      16.Ijar. 5772                    Tag 31 des Omer

Siedlungen:

Knesset panel passes benefits for West Bank settlements

Opponents say Likud bill tailored for West Bank settlements; proponents insist it can help Arab settlement, too.

As the Knesset prepared to disband for elections on Monday night, the Knesset Finance Committee took just minutes to approve legislation that would grant tax credits worth up to NIS 2 million for contributions in support of settling the land, including settlements in the West Bank.
If the bill is passed on second and third reading by the full Knesset as expected, it could cost the state budget about NIS 850 million a year in lost tax revenues….