Meloni’s tax cut proposal causes political debate in Italy

Prime Minister Giorgia Meloni’s proposed income tax cut for Italians earning between €28,000 and €50,000 has faced criticism for disproportionately benefiting wealthier individuals, with economists suggesting that half the tax relief will go to those making €48,000 to €200,000. The opposition argues this move favors the rich, leading to a planned national protest strike by the CGIL labor federation. Despite the backlash, Meloni and Finance Minister Giancarlo Giorgetti assert that the cut will support struggling middle-class families. However, the tax relief appears limited, with minimal benefits for lower earners amidst rising living costs.

Want More Context? 🔎