This document discusses Israel's tax rates and economic growth. Some key points:
- Israel's corporate tax rate was 10% in 2011, lower than the OECD average of 16-20%. Its income tax rate for high earners was 50%, higher than the OECD average of 35-45%.
- Israel's GDP grew by 4.8% in 2011, higher than the OECD average growth rate of 3-4%. Its unemployment rate was 7%, higher than the OECD average of 4.8-7%.
- Israel needs tax reform to encourage business growth and reduce inequality. Lower corporate taxes could boost the economy while increased taxes on high incomes could generate revenue.