Taub Center: Kahlon plan will help confront inequality

The new government initiative to provide a savings account for every Israeli child will help minimize inequality, according to a report released by the Taub Center for Social Equality on Tuesday.

Finance Minister Moshe Kahlon announced last week the establishment of a savings account for every Israeli child, which will provide everyone who reaches age 18 with NIS 20,000. It is set to be implemented in January.

In contrast to most policy reports critical of government programs, the Taub report seems to affirm the initiative, though the center offers a number of alternatives for long-term investments for children.

Source: http://www.jpost.com/Israel-News/Politics-And-Diplomacy/Taub-Center-Kahlon-plan-will-help-confront-inequality-457936

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