Hirchson vows no new taxes after war

By JPOST.COM STAFF
August 8, 2006 17:16

 
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Finance Minister Avraham Hirchson vowed on Tuesday not to introduce new taxes to cover the cost of war. He did, however, stress that after hostilities subside, the financial priorities would be redefined. Meanwhile, the Knesset's Finance Committee on Tuesday approved compensation to the tourism and agriculture industries. It was decided that hotel owners would receive 68 percent of their revenue, owners of bed-and-breakfasts would be entitled to 78% of their revenue while farmers on the border would get 100% of their lost income.

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