Israeli families face rising taxes and prices in 2025 – World News Network

Tel Aviv [Israel], January 8 (ANI/TPS): The average Israeli household will pay 5,661 shekels (USD 1,552) more in taxes and cost of living in 2025, members of the Knesset Youth Committee were told on Tuesday.
Chairwoman MK Naama Lazimi warned of the severe burden on young families, driven by increasing property taxes, electricity, water, and public transport costs, alongside declining incomes.
Economist Meir Azenkot attributed the rising costs to frozen tax brackets and subsidy reductions. (ANI/TPS)

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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