Posts Tagged ‘Olim’

Israeli Government - We only want the wealthy to make Aliyah

Thursday, April 10th, 2008

An old saying often used by Olim - How do you make a million dollars in Israel? Make Aliyah with 2 million.

The Finance Ministry of Israel has come up with a plan to further increase the economic divide between rich and poor - if you’re rich you don’t have to pay taxes.

According to the plan recently posted on Arutz7, any wealthy Jew who makes Aliyah would be exempt from paying taxes for the first 10 years. The ministry claims that as of now the exemption will be only on income that originates from outside of Israel. If one were to ponder on the finance ministry’s track record, a full tax exemption for the rich is not far behind. Just another step closer to ultimate goal of turning the average Israeli worker into a modern day slave,

Corruption in the Israeli political sphere is rampant and may be the real force pushing this new plan. Rich Israeli’s are very successful when it comes to wooing Israeli politicians and getting laws passed in the Knesset that benefit the rich and trodden on the poor.