Yair Lapid’s austerity budget would hit kids hardest
Tax hikes and allowance cuts could cost some Israeli families up to NIS 1,500 per month.
The average family will be hundreds of shekels a month worse off in the fiscal austerity measures currently being proposed by Finance Minister Yair Lapid. And the efforts to rein in the state deficit through a combination of higher taxes and spending cuts could leave some families as much as NIS 1,500 a month worse off.
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