Finance Minister Pushes Fuel Tax Cut Amid Opposition
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.
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