Finance Minister Yuval
Steinitz said Wednesday that it is unlikely a Likud-led government will impose
more tax hikes next year, although he refused to reveal anything about the
party’s budget program.
Speaking on Army Radio’s morning program,
Steinitz said: “It is impossible to say anything with certainty, but as it
appears now we have already imposed enough taxes and will not need to add more
[in 2013], definitely nothing substantial.”
The finance minister admitted
that it would not be easy to make the NIS 14 billion in expenditure cuts
required to meet next year’s 3 percent budget deficit target. However, he
pointed out that the Netanyahu government inherited a NIS 18.5 billion “hole”
when it won government in 2009, “and we managed with that.”
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