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Taxes, sting on real estate: taxes +115% since 2011

This was revealed by a study by Confcommercio, according to which the total taxation on real estate increased from 14,8 billion in 2011 to 31,8 in 2014 – Local taxes increased from 28,7 billion in 2011 to the current 104,7.

Taxes, sting on real estate: taxes +115% since 2011

Taxes on housing devour the disposable income of households, according to Confcommercio, in a study on public finance and local taxes, in which it notes that, from 2011 to 2014, the total taxation on real estate went from 14,8 billion to 31,88 115,4 billion, for an increase of 2013%. Compared to 14,7, however, the growth was XNUMX%.

“A very violent growth”, as underlined by the director of the Research Office Mariano Bella, which does not seem destined to stop even in 2015. A growth which produces the effect, continues Bella, “of reducing the net return on real estate by making collapsing prices and making us all feel poorer. And perceived real estate wealth matters in household consumption choices”.

More generally, Confcommercio denounces, local taxes are increasing, which have more than doubled in the last ten years, going from 2,9% of GDP to 6,5%. From 1995 to 2014, however, the levy increased from 28,7 billion to 104,7 billion in 2014.

“A growth – explained the director of the studies office of the confederation Mariano Bella – due to the cut in transfers and which has not corresponded to a similar reduction in pressure from the centre. With the consequence of increasing the overall tax burden”.

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