The Director of the Tax Authority Shay Aharonovitch warned that the increase in defense spending will require measures to increase the state's revenues • According to him, the abolition of the use of cash may increase tax collection by NIS 20 to 30 billion, but the Bank of Israel opposes the move • The Director of the Tax Authority proposed to tighten the taxation of retained earnings, criticized the abolition of the property tax and warned that without creative solutions it will be necessary to raise the VAT and the income tax