Jo McKenna: Italy Correspondent on the tax cuts for the middle class, failed referendum
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
Italy’s squeezed middle class could be getting a breather.
Tax cuts are at the top of Prime Minister Giorgia Meloni’s agenda, as she says the middle class is the backbone of the Italian production system.
She says they want to make the system fairer.
Italy Correspondent Jo McKenna told Mike Hosking she’s reduced the tax rate from around 26% to 24% so far.
She says they’re likely going to need to do a lot more, because many are still struggling financially.
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