Written by: Israel Investor Newsletter | January 12, 2009
Israelis are a head-strong bunch. We’ve got a knack for persevering. We keep our heads down and continue to innovate. Continue to push. Even when times are tough like we face today.
The problem with keeping your head down is that sometimes you forget to look up.
Occasionally we’re pulled out by bad events in order to appreciate all that is good around us. Other times, happy moments, lasting moments will make us take note and give thanks for everything we have. IsraelNewsletter’s Aaron Katsman is experiencing one of life’s truest joys.
I’d like to wish a hearty “Mazal Tov” (congratulations in Hebrew) to Aaron Katsman and his wife Yael on the birth of a baby boy this morning. May he grow up in the shadow of two wonderful human beings, great parents, and caring friends only to eclipse them on his way to future greatness. Also, I hope he’s got some great small-cap, Israeli tech stock picks for us coming down the pike…After a year like this, it shouldn’t be too hard 
Written by: Aaron Katsman | April 7, 2008
Aaron Katsman
www.IsraelNewsletter.com
Whether it was a case of judicial activism or not, working women in Israel won a huge victory as a Tel-Aviv judge ruled that they can deduct part of the cost of sending their children to day-care centers.
According to the Jerusalem Post: ” According to the decision, a self-employed lawyer, Vered Peri, will receive tax deductions equivalent to two-thirds of the cost of the day-care centers to which she sent her children, if the price did not include lunch, or one-half of the cost if it did.”
Addressing the inner conflict so many women have regarding the work-life balance, Peri said, “It is obvious that if not for the fact that I had to work and earn a living, I would prefer to spend my time with my children, at least until they had reached the age where I could send them to kindergarten, and then, too, I would have chosen to send them only for the minimum number of hours that the law requires, and not the long hours that they were forced to spend outside the home.”
Unfortunately, while this is a victory, the tax authority has already announced they plan to appeal. Let’s hope common sense prevails and the courts rule in favor of working women.
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Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.
