value added tax

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Palestinians cross the Bethlehem checkpoint as they head to Al-Aqsa Mosque compound in Jerusalem's Old City to attend the third Friday prayers of Ramadan on June 1, 2018. (Wisam Hashlamoun/Flash90)

Palestinian Authority losing millions annually due to Israeli restrictions

The Palestinian Authority loses $350 million every year due to Israel’s violations of various agreements. It’s time to pay up. By Sam Bahour The Palestinian government loses around $350 million a year due to Israel’s restrictions and violations of signed agreements, according to a recent report published by the Palestinian Authority. The estimated sum amounts to almost 30 percent…

By +972 Magazine December 23, 2018

'Food not bombs' action in south Tel Aviv, March 6, 2008 (Photo: Oren Ziv/Activestills.org)

Lapid’s plan to tax fruits and vegetables harms society’s weakest members

If passed as is, Finance Minister Lapid’s new budget would increase the price of produce by 18 percent. VAT and sales taxes on produce are rare in the Western world because they disproportionately harm the poorest and weakest segments of society, which is exactly what Lapid’s proposal stands to do. It may seem like small…

By Michael Schaeffer Omer-Man May 12, 2013