Adv. Doron Levy shows concerns in an article at PRLog, regarding the decrease in tax incomes and its impact on the Israeli economy. The tax expert lawyer emphasizes the potential risks of a shrinking tax base, pointing out that it could result in budget deficits and hinder economic growth.
Adv. Levy suggests that policymakers should address these concerns to ensure sustainable economic development: “The erosion of the tax base due to rising inflation and high real interest rates poses challenges for the Israeli tax system. It is essential to address these issues to ensure a sustainable and robust revenue framework for the state.”
