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Iran’s Missiles Cause Secret Mayhem: Israel’s $53 Million Damage Unveiled After 14-Day Cover-Up – What Really Happened?

While Israel had initially reported intercepting most of the missiles and downplaying the casualties, the Israel Tax Department's report reveals that Iran’s attack inflicted severe destruction.
 
Iran’s Missiles Cause Secret Mayhem: Israel’s $53 Million Damage Unveiled After 14-Day Cover-Up – What Really Happened?

Tel Aviv, Israel A recent tax report has exposed the extensive damage caused by Iran’s missile attack on Israel on October 1, contradicting earlier claims by Israeli defense officials. While Israel had initially reported intercepting most of the missiles and downplaying the casualties, the Israel Tax Department's report reveals that Iran’s attack inflicted severe destruction.

Iran had claimed a 90% success rate following the assault, and new evidence now shows that the damage was far more significant than first acknowledged. Israel’s defense forces had imposed a media embargo to prevent news of the damage from spreading. However, images shared on social media, along with Iran’s statements, hinted at the greater scope of destruction. The tax report, which surfaced after two weeks, confirms Iran’s missile strike caused significant losses.

Damage Revealed in Tax Department Report

According to the Israel Tax Department, Iran's attack caused damages estimated between $40 and $53 million. The report highlights that in the two weeks following the attack, approximately 2,500 insurance claims were filed, with more than half coming from northern Tel Aviv, where numerous apartments and commercial buildings were affected.

The city of Hod HaSharon was hit hardest, with over 1,000 homes damaged, according to insurance claims. Northern Tel Aviv also saw dozens of apartments and a restaurant targeted. The report does not clarify whether the damage resulted directly from missile strikes or debris from missiles intercepted in the air. However, it is clear from the insurance claims that Israel suffered extensive damage.

Compensation for Previous Attacks

The Tax Department also revealed that over the past year, it has paid out approximately $375 million in compensation for damages resulting from ongoing conflicts, including attacks by Hezbollah. Additionally, $25 million in claims remains unpaid, further underscoring the financial strain the conflict has placed on Israel’s economy.

Hezbollah’s support of Hamas over the past year has led to significant economic losses for Israel, with around 60,000 Israelis displaced from areas near the Lebanon border. Furthermore, Israel’s Haifa Port faces potential closure due to the attacks, and its Eilat Port has already collapsed due to Houthi blockades in the Red Sea.

Iran’s Attack and Israel’s Promise of Retaliation

On October 1, Iran launched around 200 missiles at Israel, seeking revenge for the deaths of Hezbollah Chief Hassan Nasrallah, Hamas Political Chief Ismail Haniyeh, and other IRGC leaders. Israel has vowed to retaliate for the attack, which has heightened tensions in the region, increasing the possibility of a larger conflict.

Earlier this year, Iran launched a similar attack in April, firing 300 drones and 100 ballistic missiles at Israel. However, Israeli air defenses successfully intercepted most of the missiles during that attack.

With rising tensions between Iran and Israel, both countries now face the potential for an all-out war in the region.

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