Israel wants an extra $12 billion

Discussion in 'Politics & Current Events' started by Dante, Feb 5, 2003.

  1. Dante

    Dante Moderator
    Staff Member

    Nov 19, 1998
    Upstate NY
    Club:
    Juventus FC
    Nat'l Team:
    United States
  2. spejic

    spejic Cautionary example

    Mar 1, 1999
    San Rafael, CA
    Club:
    San Jose Earthquakes
    Ahh, yes. They do think like I do. Good for them.

    Given previous Bush the Younger initiatives, I predict that Bush will promise the money in exchange for voluntary promises which the Israelis never intend to carry out. It isn't a problem because Bush never intends to actually give them money.
     
  3. Richie

    Richie Red Card

    May 6, 1999
    Brooklyn, NY, United
    They will get whatever they want from us.

    I have a question for you guys. What is the tax rate for the average Israeli in Israel?

    What Percentage of their income goes to their country for taxes?

    I don't know the answer, but I have heard it is very very very high. Any body know for sure?
     
  4. Mel Brennan

    Mel Brennan AN INTERVIDUAL

    Apr 8, 2002
    Club:
    Paris Saint Germain FC
    Such that the so-called "conservatives" feel good about the numbers, these come from the "2003 INDEX OF ECONOMIC FREEDOM," (lmao) provided by the Heritage Foundation and The Wall Street Journal.

    Fiscal Burden of Government
    ScoreIncome and Corporate Taxation: 4.5-Stable (very high tax rates)
    ScoreGovernment Expenditures: 5-Stable (very high level of government expenditure)
    Final Score: 5-Stable (very high cost of government)

    Israel's top income tax rate is 50 percent; the marginal rate for the average taxpayer is 30 percent. The top corporate tax rate is 36 percent. In 2001, based on data from the Central Bureau of Statistics, government expenditures equaled 54.5 percent of GDP.


    Of course the same site provides that the marginal rate for the average taxpayer in the U.S. is 27.5 percent.

    I'm sure this group feels this is too high as well; but relative to the U.S. (and given the relative veracity of these numbers, which do spring from am organization that is agenda-laden and NOT neutral), Israel is not outlandish with the taxes the average taxpayer pays...the question is what do they get for those payments in terms of services (we know that, overall, they DO NOT get a sense of peace as the government will not / cannot establish it)?

    Numbers from here:
    http://www.heritage.org/research/features/index/
     
  5. monop_poly

    monop_poly Member

    May 17, 2002
    Chicago
    Article - "When the dust clears, however, Bush will have to decide whether to follow his father’s example—or continue writing Sharon a blank check."

    Seems to me that the 10b loan guarantee by Bush the older was more-or-less a blank check since no payments have yet come due and now, on eve of first payment, Sharon is back hat-in-hand for more loan guarantees.

    $3 bil a year is already too much.
     

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