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(Jerusalem Post) Caroline B. Glick - In an article this week in the Hebrew-language online journal Mida, economist Uri Redler showed, using World Bank data, that the Palestinian economy is an optical illusion. 75% of its tax income comes from indirect taxes that Israel collects for it on imports. 40% of its budget comes from donors. Only 18% of its income comes from direct taxation and most of that comes from deduction at the source for PA employees. 2016-09-28 00:00:00Full Article
The Palestinian Economy Is an Optical Illusion
(Jerusalem Post) Caroline B. Glick - In an article this week in the Hebrew-language online journal Mida, economist Uri Redler showed, using World Bank data, that the Palestinian economy is an optical illusion. 75% of its tax income comes from indirect taxes that Israel collects for it on imports. 40% of its budget comes from donors. Only 18% of its income comes from direct taxation and most of that comes from deduction at the source for PA employees. 2016-09-28 00:00:00Full Article
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