3.3 C
New York
Wednesday, March 25, 2026
spot_img

Tag: Giorgia Meloni

The Italian Tax Odyssey: Of Selfies, Ski Resorts, and State Protection Money

In the latest episode of Italy's long-standing drama, "The Battle Against Tax Evasion," Deputy Minister of Finance Maurizio Leo, a key player in Giorgia Meloni's government, has delivered a performance worthy of an Oscar for Best Dramatic Declaration. With a flourish of rhetorical bravado, he proclaimed tax evasion to be on par with terrorism, stating the Italian state misses out on a staggering 80 to 100 billion euros annually due to this nefarious activity.

Italian’s Giorgia Meloni And Her Plans To Decriminalize Cash Payments!

Italy's Prime Minister Giorgia Meloni, who heads the far-right Brothers of Italy party, has previously criticized the pressure for card payments as an “illegitimate gift to banks” and a “hidden tax” on small businesses. In the campaigns, she vowed to push back and partly reinstate a cash society. She also plans to raise the cap on cash payments to €5,000 from the existing limit of €1,000. However, following talks with the EU Commission over the issue, she may reconsider her position.