Analysis News

taxes

  • Lapid's plan to tax fruits and vegetables harms society's weakest members

    If passed as is, Finance Minister Lapid's new budget would increase the price of produce by 18 percent. VAT and sales taxes on produce are rare in the Western world because they disproportionately harm the poorest and weakest segments of society, which is exactly what Lapid's proposal stands to do. It may seem like small potatoes, but Finance Minister Yair Lapid's proposal to levy the Value Added Tax (VAT) on fruits and vegetables is one of the most harmful proposals he could make when it comes to the poor, and for public health. In 2011, 18.7 percent of Israelis did…

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  • PHOTO: Yair Lapid uses Netanyahu's 'UN-Acme-bomb' at economic conference

    Remember when Prime Minister Benjamin Netanyahu used a picture of a bomb while talking about Iran at the UNGA? Here's a reminder, complete with excellent memes. Today, Yesh Atid leader and Knesset Member wannabe Yair Lapid mocked the prime minister at an economic conference with a bomb of his own, detailing the tax hikes of the past two years under the Likud's rule. The middle class is exploding The tax rises on the middle class Housing prices: 37% Gas prices: 38% Water prices: 115% Electricity prices: 23% Lapid later went on to draw a red line above them all, implying…

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