Generally speaking, individuals in Israel are taxed at a higher rate than in the United States. As of 2013, income tax rate for an individual in Israel:
| Tax % | Income (ILS) |
| 10% | 1 – 62,400 |
| 14% | 62,401 – 106,560 |
| 21% | 105,561 – 173,160 |
| 30% | 173,161 – 261,360 |
| 33% | 261,361 – 501,960 |
| 48% | 501,961 + |
Israel social security payments have a monthly ceiling of 41,850 ILS. The rates are:
Employer – 5.4%
Employee – 12%
Self-employed – 9.8% for monthly income up to 5,171 ILS; 16.2% for monthly income between 5,172 ILS and 41,850 ILS