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Italy with a high tax burden until 2018: always over 43%, with peaks of 43,6%

In five years it is expected to increase revenues by 45,7 billion. This was stated by an analysis by the Uninpresa Study Center which examined the Update Note of the Def of last September 30 of the Council of Ministers. For 2014 the load on households and businesses remains at 43,3%, in 2016 it will rise to 43,6%.

Italy with a high tax burden until 2018: always over 43%, with peaks of 43,6%

Very heavy tax burden for Italian families and businesses: between now and 2018 it is destined to weigh over 43%. This can be read in an analysis by the Uninpresa Study Center which analyzes the data of the update note of the Economic and Financial Document approved by the Council of Ministers last September 30, from which Italy emerges with a very high tax burden. For this year, pressure will continue at 43,3%, rising to 43,4% for the next twelve months and reaching a peak of 43,6% in 2016. Between 2017 and 2018 it will drop again, even if only slightly, up to 43,2%.

The ratio between taxes and income will therefore remain at record levels, increasingly heavy for an economy still in times of crisis which for five years will record an increase in tax revenues of 45,7 billion euros, according to what emerges from the update note of the def. The main problem, beyond the mere fact of the high share of the tax burden, is that this will continue to rise much faster than the Gross Domestic Product. In the same document, we read that already this year the Italian state aims to collect 1,6 billion more than last year from Italian families and companies, which will guarantee revenues of 487,5 billion euros.

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