Percorso:ANSA.it > ANSA English > News

Renzi pledges immediate' cut to labour, income taxes

New premier says 'double-digit' reductions

24 February, 15:37
Renzi pledges immediate' cut to labour, income taxes (See related) (ANSA) - Rome, February 24 - Premier Matteo Renzi on Monday pledged an 'immediate' cut to income and labour taxes to give Italy's struggling economy and businesses a boost. Italy's youngest premier was seeking a confidence vote from the Senate for his new government, which faces an economy trying to pull itself out of the worst recession since the Second World War.

He promised the "double-digit" cut would be "irreversible" and not linked to cuts in spending.

ALL RIGHTS RESERVED © Copyright ANSA