Finance Minister Pushes Fuel Tax Cut Amid Opposition
Translated & summarized from Ynet by baba
Finance Minister Bezalel Smotrich is attempting to lower fuel prices by reducing excise taxes, but faces internal opposition and legal questions due to the ongoing election period.
The story in 5 lines · by baba
- Finance Minister Smotrich seeks to cut fuel excise tax.
- Gasoline prices recently surged to 8.25 shekels per liter.
- Internal Finance Ministry officials oppose the tax reduction.
- Legality of the move during elections is in question.
- Attorney General may rule on the issue.
Finance Minister Bezalel Smotrich has ordered efforts to reduce the excise tax on fuel, following a significant price increase. The price of a liter of 95-octane gasoline reached 8.25 shekels on Tuesday. Discussions are underway within the Finance Ministry to determine the extent of the reduction and the specific mechanism.
However, sources within the ministry, including its legal counsel, are reportedly opposing the move. Concerns have also been raised about the legality of such a decision during an election period. It is possible that Attorney General Gali Baharav-Miara may need to intervene and make a ruling on the matter.
