Middle class, beaten class: say goodbye to deductions

The fundamental point of this budget is that the government of social rightwith a social right maneuver, do you know what he is doing? Simple: it’s deleting the deductions for the middle class. Let’s not …

Stability Pact, here's what "the compromise" provides

The fundamental point of this budget is that the government of social rightwith a social right maneuver, do you know what he is doing? Simple: it’s deleting the deductions for the middle class.

Let’s not beat around the bush. The rule will be valid for 2025 and something can be deducted based on the various brackets, but the substantial point is that the Italian middle class will be hit. The Italian middle class, the one that earns above 70-80 thousand euros, a good salary but we are not talking about billionaires, will no longer have the possibility of deducting large expenses from their tax returns.

Is this a tax increase? Certain. Will there also be a tax reduction for the lower class at the same time? Certain. But the path is clear and the left would have done it tooas it is: favoring the poorest at the expense of the middle class. Except that the left would have made it worse with property taxes and regulations against homeowners.

We have therefore un Liberal government? No. Are these liberal policies? No. Do we have an economy and ministers who think like President Milei? No. Perhaps we find ourselves with the least worst, given the moonlight and considering that France is also thinking of introducing a patrimonial law. But…