Re: Israeli finance minister proposes tax hike on bank profits amid Gaza war

“ But the Bank of Israel warned that a tax targeting profits of a specific sector contradicts the principles of the taxation policy, creates uncertainty and might even deter investors.”

Another sign of the economic tail spin. Increase in taxes = less spending = less production = less tax revenue = more taxes to balance the books.

The longer the war lasts the greater the economic damage. Without external investments the Zionist colony cannot exist. Which non-Jews will invest in such a terrible economy?

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