Kahlon’s plan removes the import duty on children’s clothing, cellular phones and shoes. Finance Minister Moshe Kahlon introduced a new tax plan for working parents in 2017. The plan, passed on May 10, 2017, by the Knesset, is intended to increase the net income for families. The plan takes effect retroactively to January 1, 2017. A major portion of the plan is additional tax credits for working parents. Other elements include subsidies for after-school education frameworks, higher income supplements for low-income earners, and import tax cuts on children’s clothes, shoes and cellular phones. Credits for Young Children Under the new plan, tax credit points for parents will