Fischer refutes Steinitz, says tax hikes needed

28.12.2012                      15.Tewet. 5773

Steuerpolitik:

Fischer refutes Steinitz, says tax hikes needed

Bank of Israel Governor says if it is necessary to increase expenditure, it should be accompanied by tax increase.

Bank of Israel Governor Stanley Fischer has challenged Finance Minister Yuval Steinitz on next year’s budget, declaring the need for more tax hikes to reduce the deficit….