Lowering capital gains tax: An undeserved gift for the 1%
Something has to be done to boost the Tel Aviv Stock Exchange’s liquidity, but securities chief Hauser’s proposal isn’t it.
"I'm surprised at Israel Securities Authority Chairman Shmuel Hauser for talking about reducing the tax on the stock market. This is a huge mistake and must be stopped." With these words Prof. Avi Ben-Bassat, president of the Israeli Economic Association, concluded his response last week to Hauser’s suggestions, which were presented as part of a comprehensive plan to spur...
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