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Israel follows Norway's Lead With a High Tax on its Massive Off-Shore Oil Find - Green Prophet | Impact News for the Middle East
Egalitarian Norway has been the exception to the resource-curse, because of its high taxes on oil wealth. Could Israel take the same approach? A new tax plan proposed in Israel, following the tiny nation’s startlingly large oil and gas find in the Leviathan field off its Mediterranean coast, would roughly double current tax rates to …