Fischer: Cutting gas taxes shows lack of leadership

04.03.2012                      10.Adar. 5772

Steuern:

Fischer: Cutting gas taxes shows lack of leadership

Netanyahu sides with Likud Knesset members and party activists, and announces the cut shortly before 8 P.M. on Wednesday night.

Prime Minister Benjamin Netanyahu came under harsh criticism from Bank of Israel Governor Stanley Fischer and Finance Minister Yuval Steinitz after his unilateral decision to cut gasoline taxes by 10 agorot per liter last week.
Cutting excise taxes would project a lack of leadership, Fischer told Netanyahu during a meeting the night before the decision. Treasury officials also cautioned the prime minister against it….