NIS 45 Billion: Them’s the (Tax) Breaks

Ending the multitude of exemptions and deductions is a logical place to start raising revenues for next year, but doing so will mean a tough fight with powerful interest groups

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Finance Minister Yair Lapid has painted himself into a corner with a number of unambiguous statements, in which he has vowed not to raise taxes in 2015, and won’t be part of a government that does so. His way...