Yachimovich slams Lapid for "ease" in signing VAT decree

May 28, 2013 17:34

Opposition leader Shelly Yachimovich Tuesday slammed Finance Minister Yair Lapid for "the ease" in which he signed the value added tax decree that would bring immediate rises in prices.

"Lapid did this for the simple reason that those who would be hurt by the decree are the poorest and and the middle class, who do not enjoy protection from any source of power in the economy," Yachimovich said. Yachimovich called on coalition MKs to vote tomorrow against the decree, which she labelled as "cruel" and hurtful to economic growth.

The Knesset Finance Committee on Monday approved Lapid’s plan to increase the VAT to 18%.

Niv Elis contributed to this report.

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