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Google is buying Israeli tech company Wiz for $32 billions. This will bring in $4 billion in tax revenue to Israel. Israeli journalists are already commenting on how this will help fund "war-related costs and expenditures".

Using Israeli tech directly contributes to Israel's war on Palestinians.

#Israel #Palestine #Gaza #Tech #BDS
Screenshot of a Times of Israel article:

War costs since the October 7 onslaught have spiraled to NIS 112 billion ($31 billion) as of the end of 2024.

“A large amount of tax of about NIS 15 billion ($4 billion) is estimated to be paid by the founders and the Israel-resident investors, and by the Israeli employees who have received options, which is great news for Israel as the country grapples with war-related costs and expenditures,” said Guz-Lavi.

The estimated tax revenue Israel could earn from the transaction is equal to about 0.6 percent of the GDP and would help relieve government pressure to introduce measures to fund the war’s defense and civilian expenditures and bring down the budget deficit and high debt levels.
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