Haaretz EnglishEconomy
Israel Considers Carbon Tax on Flights, Raising Ticket Prices
Summarized from Haaretz English by baba
Center-leftNeutral tone
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Israel is proposing a new carbon tax on flights to and from the country, which could raise ticket prices by 4% to 5% and add up to $86 to long-haul flights. The Israel Tax Authority estimates the tax would generate $350 million annually. Foreign residents and the top 10% of earners are expected to bear most of the financial impact.
The story in 4 lines · by baba
- Israel's proposed carbon tax on flights could add $86 to long-haul tickets.
- The tax is estimated to raise $350 million annually for the Israeli government.
- Ticket prices are expected to increase by 4% to 5% due to the levy.
- Foreign residents and top Israeli earners would shoulder most of the tax burden.
Haaretz English publishes in English. The key points are summarized above. Read Haaretz English’s full report from the link at the top of the page.
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