Italy to Raise Taxes to Satisfy Brussels – Why the Euro Will Fail

To totalitarians truth is as the cross is to the devil.

— Thomas DiLorenzo

Italy to Raise Taxes to Satisfy Brussels – Why the Euro Will Fail

Posted Apr 27, 2017 by Martin Armstrong

The European Union (EU) has been pushing Italy for a very long time to reduce its deficit. Of course, governments are never capable of reducing their own expenditure. This results going in only one direction – raising taxes. Prime Minister Paolo Gentiloni had to agree on the concrete measures. The bill is now being discussed in Parliament, which has 60 days to pass.

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https://www.armstrongeconomics.com/world-news/taxes/italy-to-raise-taxes-to-satisfy-brussels-why-the-euro-will-fail/

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