Published by Global Banking & Finance Review®
Posted on January 24, 2025
1 min readLast updated: January 27, 2026
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Italy's PM Giorgia Meloni aims to cut taxes for middle income earners in 2023, shifting focus from lower salary groups. Financial cover is still needed.
ROME (Reuters) - Italy's government intends to promote tax cuts to help middle income earners this year after focusing initially on people with lower salaries, Prime Minister Giorgia Meloni said on Thursday.
Meloni's right-wing administration, under pressure to ease the burden on the middle classes, had hoped to ease taxes for those earning 50,000-60,000 euros in its latest budget, but failed to find the financial cover.
"This year I think clear attention should be given to the middle classes," Meloni told a news conference.
(Reporting by Angelo Amante; Editing by Crispian Balmer)
The main topic is Italy's plan to implement tax cuts for middle income earners as stated by Prime Minister Giorgia Meloni.
Tax cuts were delayed due to the lack of financial cover in the latest budget.
The Prime Minister of Italy is Giorgia Meloni.
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