Finance Minister Bezalel Smotrich announced new plans to reduce taxes for the middle class and incentivize immigration to Israel with significant tax benefits. Speaking at a tax conference, he emphasized the importance of easing the economic burden on those who contributed during the recent conflict and highlighted the government's intention to improve fiscal efficiency, including scaling back the defense budget. Smotrich also outlined a vision for expanding peace agreements with neighboring countries, stressing that Israel will not compromise its core values or territorial integrity in the process. He reaffirmed the government's commitment to genuine peace and economic growth driven by both local and new immigrant contributions.