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April 18, 2014 / 18 Nisan, 5774
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Posts Tagged ‘social protests’

VAT Tax Up

Sunday, June 2nd, 2013

Israeli VAT tax went up 1% to 18% on Saturday night. It’s now at its highest level in a decade. The government expects the tax hike will raise an additional NIS 4.4 billion a year in revenue, assuming the economy stays strong.

The price of gasoline also rose to NIS 7.52 for 95 octane. This is due to the rising price of imported gas.

The government found itself in a large deficit for two primary reasons.

It bet again on the viability of implementing a two year fiscal plan, but that didn’t work out as well as it did the first time around, when costs were higher, and revenue was lower than expected.

The second reason is that the government gave money away in the form of free dental care for children, free nursery school, and other perks, in response to the summer social protests, and now it has to pay for the debt those perks incurred.

Tent Protesters Return to Rothschild Boulevard

Tuesday, January 17th, 2012

Dozens of social activists returned to Tel Aviv’s Rothschild Boulevard on Monday night, proclaiming that they have not given up their demands for “social justice.”

One of the leaders of the social protests this summer, Regev Contes, said “the  intention is to show that so long as the government refuses to treat this illness, the tent rash that is on the skin of Israeli society will continue to pop up over and over until it erupts again in the summer.”

Israeli Cabinet Approves Free Education for Children Aged Three and Over

Monday, January 9th, 2012

Israel’s Cabinet yesterday approved a plan to fund free education for children aged three and older – the main recommendation of the Trajtenberg report. The law, which is slated to be implemented next academic year, passed in a 21-8 vote, after the cabinet agreed to cut the budgets of government ministries across the board. Still, Prime Minister Benjamin Netanyahu had to convince coalition-partner Shas that the budget cuts would not affect local authorities or neighborhood rehabilitation plans. Netanyahu praised the decision, stating that, “2012 is the year of education and security.”

The Finance Ministry has continually objected to such a plan, citing the high cost and lack of budget. The cost of the plan is estimated at NIS 7.2 billion over the next five years. The program will cost NIS 1.8 billion annually starting in 2017.

Printed from: http://www.jewishpress.com/news/breaking-news/israeli-cabinet-approves-free-education-for-children-aged-three-and-over/2012/01/09/

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