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Bankitalia: strong tax burden on assets and work in Italy

2021-01-11T15:05:09.712Z


"Even if in recent years various interventions have helped to reduce the level of taxation, Italy, in international comparison, is still characterized by the high incidence of the tax burden on capital and above all on labor". (HANDLE)


(ANSA) - ROME, 11 JAN - "Although in recent years various interventions have helped to reduce the level of taxation, Italy, in international comparison, is still characterized by the high incidence of the tax burden on capital and especially on labor". This is what Bancad'Italia affirmed in a hearing in the Chamber on the IRPEF reform.


   "Given budgetary constraints, for the same public expenditure, further reductions in the levy on labor could be financed through a higher tax burden on consumption and on wealth, considered less damaging to growth". The actual levy on consumption is in fact lower than in other countries (ANSA ).


Source: ansa

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