Trajtenberg committee recommends cutting Israel’s defense budget by NIS 3 billion

15.09.2011                      16.Elul, 5771

Sozialkommission:

Trajtenberg committee recommends cutting Israel’s defense budget by NIS 3 billion

Committee to recommend redirecting budget toward socioeconomic reform such as raising taxes for upper and middle classes, free education to all children ages four and above.

The government-appointed Trajtenberg Committee on socioeconomic reform has recommended cutting Israel’s defense budget by up to three billion dollars in order to fund its other recommendations regarding socioeconomic reforms.
According to reports, the committee plans on raising the taxes of the upper class and middle class in order to fund the various social endeavors it recommends. Among the recommendations is compulsory education for all four-year-old children and above, widening negative income tax in order to prevent poverty in two-salary homes….