In the Drink: Tax Overhaul Led to Double-digit Price Rises for Alcohol

Policy shakeup boosted the cost of the cheapest tipple while lowering prices for super-premium labels.

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About 15 months ago, Finance Minister Yair Lapid accepted a plan to overhaul tax policy on alcoholic drinks. But whatever his intentions, the 200 million shekels ($53 million) in extra taxes that the reform...