Martedì, 23 Ottobre 2018

Italy heading towards 'disaster' if taxes not lowered


Rome, December 24 - Ex-premier Silvio Berlusconi
said on Monday that taxes needed to be lowered and an unpopular
housing tax scrapped in Italy to avoid a "disaster".
Speaking on the Italian news program Tgcom24, Berlusconi
said that caretaker premier Mario Monti's insistence that the
country cannot afford to eliminate the property tax, or IMU,
that was reintroduced with his administration reforms was
"devoid of any foundation and far from true".
Italy amended its property tax code in December as part of
an austerity package to restore health to the country's public
Berlusconi's 2008-2011 government abolished a similar tax.
Berlusconi has often said that his party, People of
Freedom (PdL) will abolish IMU.
Monti posted an agenda of reforms on the Web Sunday after
saying he might lead forces who endorse it in Italy's upcoming
general election.
"I have not read Monti's agenda, I have been busy, but my
team has explained it to me," Berlusconi said in the interview.
"The agenda has made clear that our fears were well founded
and that it is driven by more austerity and taxes. There are
no innovative elements, just the vision of a professor teaching
a lesson," Berlusconi said.
The technocratic premier brought in last November amid
turmoil in the financial markets to replace Berlusconi is an
economics professor and European commissioner.

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