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March 17, 1989 - Image 37

Resource type:
Text
Publication:
The Detroit Jewish News, 1989-03-17

Disclaimer: Computer generated plain text may have errors. Read more about this.

C.S.I.P.0

Chiropractic Services International

Dimokratikos

Logos

Democratic Word, opposition
leader Kostas Mitsotakis
"discussed with the powerful
U.S. Jewish lobby the plot to
bring down the government of
Andreas Papandreou!"
Koskotas, who is now in
prison in Salem, Mass., and
fighting extradition to
Greece, is the former owner of
the Bank of Crete and of a
press empire that collapsed in
August when it was found he
was embezzling funds.
Defamation of Papandreou
is not new. He has been the
subject of Greek media scorn
for the last few years, much of
it because of his appearance
in public with a young
mistress, and especially at
times when it was believed he
should have been on the scene
at Greek public events or
natural disasters.

.Wealthy Israelis
Face Tax Hike

Jerusalem (JTA) — The
Cabinet decided recently to
raise taxes in the top bracket,
despite strong opposition
from Prime Minister Yitzhak
Shamir and other Likud
ministers.
The majority accepted
Finance Minister Shimon
Peres' proposal to raise the
highest level of personal in-
come tax from 48 to 51
percent.
The vote, in which the
religious ministers lined up
with Peres, followed a
vituperative exchange bet-
ween the Laborite finance
minister and his predecessor,
Moshe Nissim of Likud, who
headed the Treasury in the
previous government.
Nissim, now a minister
without portfolio, charged
that the measure wold erode
public confidence.
He insisted it was
economically and
psychologically important to
allow people to keep more
than half of what they earn.
A key measure of Nissim's
economic policy was reduction
of the top rate from 60 to 48
percent.
But Peres accused him of
"leaving me with a burnt-out
economy!" He demanded that
Nissim "stop breathing down
my neck and let me get on
with my job?'
The defection of the
religious ministers from their
usual alliance with Likud
fueled new media speculation
that Labor may break up the
present coalition.

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THE DETROIT JEWISH NEWS

37

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