יום שלישי, 18 אוגוסט 2026Tuesday, August 18, 2026
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יום שלישי, ה׳ אלול תשפ״וTuesday, August 18, 2026
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taxes

Analysis

Israel Grapples with High Cost of Living as Citizens Grumble over Rising Prices

By David Isaac

“Reduce all the tariffs, all the quotas and all the NTBs—they are adding 40% to 80% to the cost of most products,” said Elise Brezis, professor of economics at Bar-Ilan University and director of the Azrieli Center for Economic Policy. “That’s the first thing the government has to do. When they do that, then there will be a big change. The rest is commentary.”

Government / Business and Economy

Israel State Comptroller Report: Tax Authority Owes Public Billions in Refunds, Housing Prices Jump 103%

By Gil Tanenbaum / TPS

Taxes, banking activities, and housing issues were some of the most glaring examples of problems in the State Comptroller’s annual report.

Politics / Government

Netanyahu Slams Bennett's New Budget, Calls it ‘Abbas Tax’

By TPS / Tazpit News Agency

The Israeli government's new budget introduces a whole slew of new taxes on the recovering citizens.

Featured / Israel / Business and Economy

Kahlon To Cut Taxes After Passover

By TPS / Tazpit News Agency

Finance Minister Moshe Kahlon said Thursday that he would cut income tax for “working couples” immediately after the Passover holiday.

Government / Business and Economy

Unemployment Hits New Lows

By TPS / Tazpit News Agency

“I wouldn't like to see a reality where a husband or wife gets up in the morning and they don’t have a job to go to," Kahlon said.

Goldstein on Gelt

This is What You Need to Know When Filing Taxes From Israel

By Doug Goldstein, CFP®

Veteran U.S. accountant and tax advisor Philip Stein explains what your tax obligations are to the IRS as a U.S. citizen living abroad. Find out what you need to report.

NY / Politics / News Briefs / Local

Felder-Cusick Bill Foils City Council Efforts to Force Additional Taxes on New Yorkers

By Jewish Press Staff

“I’ve been disgusted every time I’ve heard the absurd plastic bag tax legislation introduced.”

Editorial

Trump’s Taxes

By Editorial Board

Actually, the public doesn’t appear to share the media’s obsession with the minutiae of a candidate’s tax returns...

News Briefs / The Knesset / Business and Economy

No Taxation on US Investors Bill Sent to Committee

By JNi.Media

In order for the arrangement regarding the issuing of E-2 visas to Israeli citizens in the United States to go into effect, a similar arrangement must be applied in Israel regarding citizens of the United States.

News Briefs / Palestinian Authority / Business and Economy

PA Boycott May Boost Rami Levy Sales to Arabs

By Shalom Bear

The PA plans to destroy Israeli products found in Arab-owned stores, but the Arab population will probably just buy them from Rami Levy instead.

Gaza / Hamas / Police and Crime / News Briefs / Business and Economy

Hamas Robs Bank of Palestine

By Jewish Press News Desk

Hamas claimed one of the bank's clients owed them taxes...

Israel / News Briefs / Business and Economy / Israel At War: Operation Protective Edge

Rockets and Fighting Generate Financial Loss

By Aryeh Savir, Tazpit News Agency

Over 100 claims have been made so far as a result of damage caused by the rockets in the south, totaling at 10,000,000 NIS.

Israel / US / News Briefs / Business and Economy

Report: Bank Leumi to Pay NIS 1 Billion in Fines to US for Suspected Money Laundering

By Jewish Press News Desk

The US has been going after international banks who may have violated new money laundering laws.

Government / News Briefs / Business and Economy

Killing Cash

By Jewish Press Staff

The Israeli government has hopes to put the kabash on cash transactions starting in fiscal 2015 budget.

US / Government / News Briefs

Israel, U.S. Reach Agreement on IRS Regs for Dual Citizens

By Jewish Press Staff Reporter

The Israel Tax Authority has reached agreement with the U.S. to coordinate info between the IRS and Israeli banks.

US / News Briefs / Aliyah / Geulah

IRS Tax Regulations Prompt Olim to Revoke American Citizenship

By Jewish Press News Desk

A get-tough IRS policy on Americans living abroad has encouraged some Americans living abroad, including “olim” in Israel, to revoke their American citizenship, the Globes business newspaper reported. The United States taxes its citizens' income even if they have been living abroad for years, and agrees with most banks in the world now expose all […]

News Briefs / The Knesset / Business and Economy

Gas to Pump $60 Billion into Economy in 20 Years, Says Lapid

By Jewish Press News Desk

Israel’s new offshore gas industry will generate $60 billion in revenues in Israel over the next 20 years, Finance Minister and Yesh Atid party chairman Yair Lapid told the Knesset in its first day of the winter session Monday. He charged the Opposition with damaging the economy by placing obstacles to the natural gas hook-up, […]

US / News Briefs / The Knesset / Business and Economy

Legalizing Marijuana Would End Black Market, Says Israeli Study

By Tzvi Ben-Gedalyahu

Israel, like Canada and many states in the US, has one big reason to legalize marijuana: Money. Canada launches legal medical marijuana. Colorado and Washington have legalized it. Is Israel next?

Israel / News Briefs

Israel’s Tax Hikes Help Cure Smoking and Drinking

By Tzvi Ben-Gedalyahu

Want to stop smoking? Drink less alcohol? Ask your local government to raise taxes on cigarettes and liquor. It works wonders. Just ask Israelis.

Israel / US / News Briefs

US Customers Withdraw $4 Billion from Israeli Banks

By Jewish Press News Desk

Tighter American tax laws have encouraged U.S. citizens to withdraw approximately $2 billion from Israeli banks in less than two years. "The blow is not just in the drop in assets, but also in the drop in investments. Some of these customers, especially the wealthy ones, use the money to make investments and acquisitions in […]

Guest Blog

Death & Taxes: Welcome to Obamaland

By Robert J. Avrech

Welcome to Obamaland, where death and taxes is no longer an ironic statement, but a grim reality.

IDF & Security / Haredim & Hassidim / Politics / News Briefs / The Knesset / Media / Religious & Secular in Israel / Religion / Holocaust

Haredi Paper Equates Lapid and Hitler Speeches

By Tzvi Ben-Gedalyahu

Hitler wanted to exterminate Jews. Lapid only wants to exterminate the Haredi habit of not to work or serve in the IDF. That is enough for a Haredi columnist to compare Lapid’s and Hitler’s speeches.

Israel / US / Politics / News Briefs / Business and Economy

Bill Clinton Tried to Block Israel’s Taxing Newly-Found Gas

By Tzvi Ben-Gedalyahu

Bill Clinton’s wealth is more than $55 million. He gets a double dividend as a paid energy lobbyist and being a “friend” of Israel by lobbying against the government’s taxing newly-found gas.

Goldstein on Gelt

Three Mistakes that Can Get You in Big Trouble

By Doug Goldstein, CFP®

When it comes to the IRS, out of sight is not out of mind.

Settlers of Samaria

If I Were Prime Minister: the Gov't of an Anarcho-Capitalist

By Rafi Farber

The finance minister will be me and only me, and I will cut everyone’s budget by 100% and return all the money to the taxpayers who it was stolen from.

Goldstein on Gelt

All You Need to Know About Moving Overseas (Podcast)

By Doug Goldstein, CFP®

An interview with Darlene Hart, chairwoman of the U.S. Tax & Financial Services Group.

Goldstein on Gelt

All You Need to Know About Taxes for Expats

By Doug Goldstein, CFP®

An interview with Jackie Bugnion of American Citizens Abroad.

Goldstein on Gelt

The Expats: Fiction or Reality? (Podcast)

By Doug Goldstein, CFP®

An interview with Chris Pavone, author of The Expats.

Daniel Greenfield

Obama's Panama Canal

By Daniel Greenfield

What infrastructure achievement has the shovel-ready administration managed to achieve?

Goldstein on Gelt

Are You a Tax Criminal?

By Doug Goldstein, CFP®

An interview with Ron Zalben, about the FBAR and FATCA tax forms and why it's so important to file them.

Op-Eds

Israeli Election Results Put Focus on Domestic Front

By Yaakov Lappin

Lapid's election success is a reflection of the widespread view among Israelis that external threats do not mean that the country's house should not be put in better order.

Israel / Politics / News Briefs

Police Gear Up for Arab Riots in Musmus

By Jewish Press News Desk

Police are preparing for potentially violent riots against Michael Ben-Ari and his supporters.

Daniel Greenfield

Drinking for the State

By Daniel Greenfield

Prohibition is long gone but the consequences of it are still with us today.

Op-Eds

How Obama is 'Saving' the Middle Class

By Jeffrey Folks

What Obama means by 'saving' the Middle Class is turning them into welfare clients.

Goldstein on Gelt

US Taxes and the American Citizen Abroad (Podcast)

By Doug Goldstein, CFP®

An interview with Anne Hornung-Soukup, finance director of American Citzens Abroad.

Khaled Abu Toameh

Behind Salam Fayyad's Call for 'Economic Intifada'

By Khaled Abu Toameh

Fayyad wants Palestinians to boycott Israel, but at the same time is unable to provide them with better alternatives.

NY

And the Powerball Numbers Are...

By Malkah Fleisher

The record Powerball lottery - $550 million ($360.2 million as a cash option before taxes) - goes to numbers...

Eye on "Palestine" / News Briefs

Israel Gives Palestinians NIS 200 Million

By Jewish Press News Desk

Galei Tzahal reports that despite Israeli threats to withhold money if the Palestinian Authority doesn't stop its UN bid for statehood, Israel transferred on Tuesday NIS 200 million (around $50 Million) to the Palestinian Authority to help them pay salaries. The money was paid from taxes collected o behalf of the Palestinian Authority. One wonders why that money […]

America's Rabbi / Shmuley Boteach

The City that has Problems with Synagogues

By Rabbi Shmuley Boteach

If only my city were to treat me with the same courtesy they accorded Kaddafi.

America's Rabbi / Shmuley Boteach

What is More Virtuous: Paying Taxes or Giving Charity?

By Rabbi Shmuley Boteach

Being forced to pay taxes does not make us more virtuous people. If it did, our founding fathers would have thanked George III for his coercion.

US / Aliyah / Geulah / The Muqata

Flying Back to the US? Better Ask your Accountant First, You Could Get Arrested

By Jameel@Muqata

U.S. taxpayers traveling to the United States with unpaid U.S. tax assessments can be detained at the border, questioned, and flagged for follow-up enforcement. If a taxpayer has an unpaid tax liability and is subject to a resulting Notice of Federal Tax Lien, the IRS may submit identifying taxpayer information to the Treasury Enforcement Communications System (TECS), a database maintained by the Department of Homeland Security (DHS).

America's Rabbi / Shmuley Boteach

An Open Letter to Congressman Pascrell on School Choice and Vouchers

By Rabbi Shmuley Boteach

There are few choices as personal and important as the educational environment in which our children are immersed for most of their waking hours. Yet in the United States, unless parents want to risk bankruptcy just to afford tuition, they are given no choice.

Rebbetzin's Viewpoint

Lollipops Don’t Fall From The Sky

By Rebbetzin Esther Jungreis

Last week I published a letter from a thirty-eight year old single woman who lamented that despite her having become a ba’alas teshuvah, forsaking her secular life, committing to Torah and mitzvos, going to rabbis, receiving berachot – in short, doing all the “right” things – she has failed to find her bashert, her soul mate. She wondered where G-d was and what all her sacrifices were all about. She was angry at G-d and regarded all her efforts as having been for naught. “My joy in Judaism has disappeared,” she wrote. The following is my response.

Israel / News Briefs

Israel's Gas Cost Drops, Tax Still 55%

By Malkah Fleisher

The price of gas was lowered overnight Sunday by 2.15%, making the maximum price of self-serve 95-octane gasoline 16 agorot per liter less - NIS 7.27.

US / Politics / News Briefs

Chief Justice Roberts Saves Obamacare

By Jacob Edelist

Chief Justice John Roberts joined the Democrat-appointed justices to rule 5-4 that Congress has the power to impose the healthcare mandate under its power to levy taxes.

J.E. Dyer

J.E. Dyer: This is What 'Forward' Looks Like

By J. E. Dyer

For many people, especially younger ones, ideas about which government rules and “services” we can happily do without will be new and startling. But it is possible to slip the surly bonds of the Regulated Man construct and envision a better future. Wisconsin has taken an important step toward that future. Walker’s Wisconsin is what “Forward” looks like.

Goldstein on Gelt

Sell These Bonds Before You Make Aliya!

By Doug Goldstein, CFP®

Israel will tax your U.S. municipal bonds, many of which are tax exempt.

Analysis

Europe's Wrongheaded Austerity Policies

By Peter Martino

Austerity policies, which consist mainly of extra taxes, not only keep the European governments from finding long-term solutions to their overspending, while worsening the economic situation; they also make these government increasingly unpopular. Almost 40 years after Arthur Laffer drew his famous curve on a napkin, one wonders why European politicians keep closing their eyes to an evident truth instead of putting in place incentives for growth.

US / The Knesset

New American-Affiliated Party Launches Knesset Bid

By Rafi Harkham

Danny Goldstein, founder and chairman of 'Calcala' ('Finance'): “We are focused on making Israel a better place to live and a better place to invest by merging the best of Israel and America - representing Israelis, but with an eye on the American perspective.”

Knesset Corner

Government Job Cuts to Pay for Gas Tax Reduction

By Jeremy Saltan

PM Netanyahu explained that lowering taxes means shrinking the government, and, this time, cutting taxes means cutting public sector jobs. He emphasized that no one needs to be fired if enough workers embrace early retirement or quit, but conceded that this means the ministries will not be hiring for a long time.

Serials

Getzlight – Chapter VIII

By Ruchama Feuerman

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