Politics · Italy · 8 hrs ago

Italy considers extending 33% income tax rate to incomes up to €55,000

Italy considers extending 33% income tax rate to incomes up to €55,000

Italian Deputy Prime Minister and Forza Italia leader Antonio Tajani outlined a two-stage tax plan at an internal party meeting.

The government is considering extending the 33% income tax rate to people earning up to €55,000 in the next budget.

Raising that income limit to €60,000 is a goal for next year, rather than part of the current proposal.

Tajani said Forza Italia’s requests on health care and young people would be included in the budget, according to people at the meeting.

The plan is still under discussion, and no date was given for presenting the budget bill.

The timing may depend on the outcome of talks with the European Union about budget flexibility.

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Antonio TajaniDeputy prime minister and Forza Italia leader
a concrete possibility
via ANSA
in two stages
via ANSA