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Raising taxes for large companies won’t drive them out of Israel

The view that the big multinationals hold all the cards against Israel is overly dogmatic; they have something to lose, too.

By Meirav Arlosoroff | 13:39 06.02.13 |

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The Finance Ministry has been under terrific pressure to abolish tax breaks for big business. But the pressure stems mostly from an illusion.

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Paying more tax is so attractive as is the 729 bar code.
- By Shimon
- 06 Feb 2013
- 06:04PM
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raising taxes on companies
- By Laurence F Almond
- 06 Feb 2013
- 05:32PM
Raising taxes has never worked; in the past, present or in the future. It is removing capital from those that create wealth and jobs and gives it to governments that waste it on crony capitalism, welfare serfs and tyranny. Ironically, lower taxes bring in more revenue for the government, but the leftest governments intention is to make people serfs, not to bring them prosperity. They rather have less money and more corrupt power.
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