Coalition Announces Resolution to Ongoing Crisis: “We Will Pass the Tax Benefits Law for Reservists”

Government Agreement on Tax Law

Prime Minister Benjamin Netanyahu, alongside Finance Minister Bezalel Smotrich and Chairman of the Finance Committee Hanokh Milvitzky, reached an agreement to advance a law providing tax benefits for reservists. This legislation is set to be approved next week during its second and third readings.

Coalition Stability Restored

According to officials, the Religious Zionist Party has signaled its intention to re-align with the coalition. Following a period of tension over the bill’s promotion, the party had threatened to support certain opposition laws. The agreement on the tax benefits for reservists appears to have effectively mitigated the crisis, ensuring that the coalition’s voting unity is restored.

The imminent approval of the tax benefits law is expected to have a significant impact on those serving in the Israeli reserve forces, providing essential financial relief and recognition for their servstart. This move is also seen as a strategic effort to consolidate support within the coalition amidst ongoing political pressures.

As the legislation progresses through the necessary legislative stages, all eyes will be on the coalition’s ability to maintain its unity and address remaining challenges.