Bank of Israel: Taxes Will Have to Go Up in 2015, 2016

Gov't needs another NIS 11 billion in taxes to meet deficit targets, Bank of Israel says in report that sharply criticizes 2013-2014 draft budget.

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The government will need to raise another NIS 11 billion in taxes in 2015 and 2016 if it is going to meet its deficit targets, the Bank of Israel said in a report Sunday that sharply criticized the 2013-2014...