Yacimovich to PM: Stop gas prices from rising

February 29, 2012 10:24

Labor party leader Shelly Yacimovich on Wednesday called on Prime Minister Binyamin Netanyahu to stop the price of gasoline from reaching record levels. The price of gasoline is set to rise to over eight shekels at midnight Thursday.

"Netanyahu knows that well that half of the price of gasoline is not derived from global competition and is simply indirect taxation," Yacimovich said, calling the gas tax unfair and said it targets the middle class. Israel's taxation policy, she said, is distorted and increases socioeconomic gaps in the country.

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