Fiscal Policy
Author: Yoram Gabbay Policy Research

The tax system has been assigned a role in many areas of the new economic policy.

It has become a major factor in the planning of wage and price policy, as well as what is known in israel as “absorbing money from the public,” during the new economic policy implementation period. Among the major policy measures measures involving taxation, direct taxes have been raised somewhat and indirect taxes slightly lowered.

This paper appears as a chapter in the Center’s annual publication, Changing Social Policy: Israel 1985-1986, and is available upon request.

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