Italian purchasing power is at a
historic low, having fallen more than 13.4% since 2008, Italian
consumer groups Adusbef and Federconsumatori said Monday.
The groups estimated that in autumn, Italian families will
be forced to spend 1,900 euros between taxes, bills, and
back-to-school costs, a figure that the groups called
"unsustainable".
Among these taxes is the TASI, a part of the Italian
government's 2014 Stability law, which will tax both homeowners
and renters in order to fund services such as road maintenance
and street lights.
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