House approves $1 billion for Israel's Iron Dome defense system

[Beastly Boy]

28. Israel ain't exactly rich.

Israel's GDP is about $400 billion, compared to Egypt's $360 billion, compared to Saudi Arabia's $700 billion, compared to the US' $22 trillion

On edit:

A report issued by the OECD in 2016 ranks Israel as the country with the highest rates of poverty among its members. Approximately 21 percent of Israelis were found to be living under the poverty line – more than in countries such as Mexico, Turkey, and Chile. The OECD average is a poverty rate of 11 percent.


If you lived in Israel instead of the United States, you would...

-- make 39.1% less money

United States has a GDP per capita of $59,800 as of 2017, while in Israel, the GDP per capita is $36,400 as of 2017.



-- be 45.7% more likely to be live below the poverty line

In United States, 15.1% live below the poverty line as of 2010. In Israel, however, that number is 22.0% as of 2014.



-- pay a 26.3% higher top tax rate

United States has a top tax rate of 39.6% as of 2016. In Israel, the top tax rate is 50.0% as of 2016

Tip of the hat to Nurse Jackie
https://democraticunderground.com/?com=view_post&forum=1014&pid=2803525