Italy's labour-tax wedge is 10
percentage points over the European Union average, the Audit
Court said on Wednesday. The labour-tax wedge is the difference
between workers' take-home pay and the total cost to firms to
employ them. The State auditor said that 49% "is deducted for
contributions and taxes". It also called for the tax-to-GDP
ratio to be reduced, saying the current situation "does not help
the fight against the underground economy and tax evasion".
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