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JERUSALEM — Israel’s summertime protest movement, which was occupying “Wall Street” before it was cool, can now celebrate their first major tangible success.
At a Sunday cabinet meeting the government approved the restructuring of Israel’s tax system, shifting a few degrees of the social burden onto corporations and the very rich.
On Monday, during the opening day of the winter session of parliament after a three-month summer break, legislators received the new tax plan for approval, alongside a lengthy list of demands for financial reform and social justice that were nonexistent when the Knesset, Israel’s parliament, was last in session and which have been catapulted to the forefront of a pre-electoral year.
As lawmakers gathered it became clear that Likud, the party of Prime Minister Benjamin Netanyahu, hoped the government’s imprimatur of approval on significant changes in taxation would shift credit from the young protest leaders to the party itself.