Lapid's Budget Hits Israel's Rich, but Not Hard Enough

Israel's rich aren't getting as easy a ride as most people think. The main flaw with the impending budget cuts is that they spare powerful interests like the defense establishment and the labor unions, but these groups may yet be made to pay.

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The rallying cry of the renewed protest against the economic program for 2013-2014 is that the entire burden is being shouldered by the middle class: The rich are paying little, the middle class is paying more...