Netanyahu Lowers Taxes For Israelis, Expects $1.3 Billion Surplus How's that BDS movement working out for you Israel-haters?
While the world continues to try to pressure Israel unfairly through the Boycott, Divestment, and Sanctions movement, the Israeli economy continues to boom - so much so that the Israeli government lowered taxes last week.The corporate tax rate was cut 1.5%, from 26.5% to 25%, and value added tax was reduced from 18% to 17% in a move to further stimulate economic growth and boost trade and commerce. A surplus of $1.3 billion is expected in coming months.As Prime Minister Benjamin Netanyahu explained,"An economy burdened by high taxes doesn't grow, so in order to encourage growth I have decided to cut taxes. There are billions in tax revenue surplus in the state coffers and rather than keep them there we have decided to give them back to you, the Israeli public, and Israeli businesses. I have every faith in the public. We believe in a free economy and I think this [move] will stimulate growth." http://www.truthrevolt.org/news/netanyahu-lowers-taxes-israelis-expects-13-billion-surplus
Tags
Who is online
279 visitors
Businesses in the US are still waiting for a similar tax reform ...
When BDS pressured a singing contest in Spain to ban a Jewish-American singer they proved that they are not just anti-Israel, but that they are anti-Semitic.
When BDS caused Soda-Stream to move from the disputed territories they did not put the enterprise out of business, they put hundreds of Palestinians who were earning more than they could possibly have earned elsewhere out of work.
Unless the supporters of that bastardly organization do not use anything that has been invented or developed in Israel, they are a bunch of misguided stupid hypocrites. Are they using cellphones? Are they eating cherry tomatoes? Are they using computers with INTEL? Are they using voice-mail? Are they taking advantage of any of the many Israeli medical miracles?
"An economy burdened by high taxes doesn't grow, so in order to encourage growth I have decided to cut taxes. When will Americanpoliticians learn that high taxes are driving us into the ground?
A $1.3 billion surplus is good news. When will we stop giving Israel billions of dollars in US foreign aid and finally make them start paying their own bills? It's like continuing to give a woman a welfare check even though she now has a high paying job.
Why do we give funds to any other nation? At least with Israel, we get an ally in the region.