Sorry for the short diary, but I ran across this while at work, and thought it needed to be more widely disseminated:
Instead of continuing to lower marginal income tax - say, a gradual decrease from 45 percent to 39 percent, as the prime minister had planned until two months ago - Netanyahu is increasing marginal income tax to 48 percent and is even imposing a 2 percent "rich tax" on anyone who earns more than NIS 83,000 a month [SLKRR: about US$ 23,000]. In other words, the marginal tax rate will rise to 50 percent for that bracket. Netanyahu is also raising corporate tax to 25 percent instead of continuing to lower it gradually to 18 percent, as he had planned until two months ago.
And if that's not enough, Netanyahu is also raising capital gains tax from dividends and the sale of stock and inflation-linked bonds from 20 percent to 25 percent. Controlling shareholders will pay even more: 30 percent of the dividends they receive.
http://www.haaretz.com/...
The rest of the article includes a lot of right-wing claptrap, but the facts are facts. Maybe these protestors, occupiers, DFHs, and 99%ers are on to something that works? Could it be? It will be interesting to see if these moves help to reduce the protests, but I'm skeptical. Nothing feels better than joining the winning side!