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Monday, October 31, 2011

'Netanyahu cabinet boosts taxes on Israel's rich after social protests'

from haaretz.........

"The Trajtenberg taxation recommendations, which were voted in unanimously on Sunday, included raising the highest tax bracket from 45% to 48%, as well as raising the tax on interest, dividends, stock market profits by 5%.
An additional tax of 2% will also be levied on those with exceptionally high salaries, and the corporate tax is planned to go from 24% to 25% in 2012"...........READ MORE

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