{"id":1371,"date":"2006-06-19T11:27:53","date_gmt":"2006-06-19T09:27:53","guid":{"rendered":"https:\/\/sefer-torah.com\/blog\/2006\/06\/19\/with-5-billion-nis-tax-surplus-and-budget-surplus-why-arent-the-gush-katif-refugees-being-compensated\/"},"modified":"2006-06-19T12:11:09","modified_gmt":"2006-06-19T10:11:09","slug":"with-5-billion-nis-tax-surplus-and-budget-surplus-why-arent-the-gush-katif-refugees-being-compensated","status":"publish","type":"post","link":"https:\/\/sefer-torah.com\/blog\/2006\/06\/19\/with-5-billion-nis-tax-surplus-and-budget-surplus-why-arent-the-gush-katif-refugees-being-compensated\/","title":{"rendered":"With 5 Billion NIS Tax Surplus Plus Announced Budget Surplus, Why Aren&#8217;t the Gush Katif Refugees Being Compensated?"},"content":{"rendered":"<p><center><strong>A reasonable question?  For context on the budget surplus,<\/strong> <a href=\"https:\/\/sefer-torah.com\/blog\/2006\/04\/09\/huge-18-billion-nis-budget-surplus-but-no-budget-for-protection-of-southern-towns\/\"><strong>Click here.<\/strong><\/a><\/center>  <\/p>\n<p><a href=\"http:\/\/www.ynetnews.com\/articles\/0,7340,L-3264572,00.html\"><strong>Good for the Rich<\/strong><\/a><\/p>\n<blockquote><p><strong>Excerpts;<\/p>\n<p>It also isn&#8217;t true, as Hirchson says, that &#8220;lowering VAT is necessary because the surplus from tax revenues will reach NIS 10 billion this year. We must return some of that money to the public.&#8221; <\/p>\n<p>According to the finance ministry&#8217;s tax administration, the country&#8217;s tax surplus (the difference between planned tax revenues and the amount of tax actually paid) stands at about NIS 5 billion. Nor is there any leftover from VAT revenues; that real growth is about four percent. <\/p>\n<p>The big surplus comes from direct taxes levied on wages and capital gains. Revenues from these taxes rose 18 percent this year. <\/p>\n<p>If the finance ministry wants to give some of this money back to the public, a reduction in VAT isn&#8217;t going to work. It would be better to use the revenue to offset a negative income tax, or to slash taxes for the middle class.<\/strong><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>A reasonable question? For context on the budget surplus, Click here. Good for the Rich Excerpts; It also isn&#8217;t true, as Hirchson says, that &#8220;lowering VAT is necessary because the surplus from tax revenues will reach NIS 10 billion this year. We must return some of that money to the public.&#8221; According to the finance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1371","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/posts\/1371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/comments?post=1371"}],"version-history":[{"count":0,"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/posts\/1371\/revisions"}],"wp:attachment":[{"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/media?parent=1371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/categories?post=1371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sefer-torah.com\/blog\/wp-json\/wp\/v2\/tags?post=1371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}