New Tool to Track Taxes Paid and Government Spending Ahead of 2026 Elections
Translated & summarized from TheMarker by baba
TheMarker has launched a new online calculator called "Kasfumas" to help Israelis track their tax payments and government spending. The tool allows users to see how much money they have paid in taxes over the last four years and where that money has been allocated by the government. This initiative comes ahead of the 2026 elections, aiming to provide greater financial transparency to citizens.
The story in 5 lines · by baba
- TheMarker launched the "Kasfumas" online calculator to track tax payments.
- The tool shows users their tax contributions over the past four years.
- It also details how the government has spent the collected tax revenue.
- The initiative aims to increase financial transparency for citizens.
- This comes in anticipation of the 2026 elections.
A new online calculator, dubbed "Kasfumas" by TheMarker, aims to clarify for Israeli citizens where their tax money goes. Many individuals are reportedly bewildered at the end of each month by their pay stubs, questioning the significant deductions from their hard-earned salaries. The Kasfumas tool will allow users to examine their tax payments over the past four years and understand how the government has utilized these funds.
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