Politics · Italy · 5 hrs ago

Italy’s budget measures help 3.5 million families but hurt 3 million

Italy’s budget measures help 3.5 million families but hurt 3 million

Italy’s statistics agency, Istat, has assessed how the latest budget measures affect households.

The measures cover 6.5 million families, with 3.5 million expected to gain and 3 million to lose.

About 55,000 self-employed people with annual revenue of €85,000 to €100,000 could save an average of €8,000 in tax by entering the flat-tax scheme.

Pensioners are among the hardest hit: reduced inflation adjustments are expected to cost 3.6 million people an average of €510 gross a year.

A tax cut for middle-income earners brings an average benefit of €450, while a new mothers’ bonus raises support for many eligible working mothers.

Rising prices and wages can increase tax bills even when people’s real incomes do not grow; Istat says this effect has erased much of the benefit of recent tax reforms.

The INPS pension agency says all pensions will receive an inflation adjustment from January 2027, with any differences under rules still being considered by Parliament paid later.

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