Netanyahu instructs Likud MKs to push through Lapid's flagship housing plan

By GIL STERN STERN HOFFMAN
October 20, 2014 20:05

 
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Prime Minister Binyamin Netanyahu instructed Likud MKs Monday to begin the process of passing legislation on Finance Minister Yair Lapid's plan for zero percent value added taxes on some apartments for young couples who have served in the IDF.

Zero percent VAT is Lapid's signature plan for solving the crisis of expensive housing for the middle class. Netanyahu has said in interviews that he opposes the plan and does not believe it will work but that he would advance it in order to keep his coalition partner Lapid satisfied.

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