PM’s planned tax hike, budget cuts draw criticism

25.07.2012                      06.Aw. 5772

Steuerpolitik:

PM's planned tax hike, budget cuts draw criticism

Labor leader Shelly Yechimovich says Netanyahu's billions of shekels in cuts will "bring the middle class to its knees".

Politicians from across the political spectrum on Wednesday criticized Prime Minister Binyamin Netanyahu's announcement Tuesday night that he would be raising the value added tax (VAT) one percent and making wide-ranging budget cuts….