Treasury considering cutting child allowances

01.08.2012                      13.Aw. 5772

Steuerpolitik:

Treasury considering cutting child allowances

The cuts would probably focus on payments for second, third and fourth children in a family.

The Finance Ministry is looking for places to cut spending and has child allowances in its sights. The treasury is busy working on a huge plan to cut NIS 14 billion from the 2013 state budget, on top of the cuts approved by the cabinet on Monday….