New housing tax sparks storm in Italy

IMG title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2014/01/wpid-02e9c6ce9564b0fb64e84c4a7657bba5.jpg” IMG class=hide alt=”New housing tax sparks storm in Italy” src=”http://www.mineralfossil.com/wp-content/uploads/2014/01/wpid-02e9c6ce9564b0fb64e84c4a7657bba5.jpg” (ANSA) – Rome, January 9 – A new housing services tax known as TASI was raising a storm in Italy on Thursday after reports from consumer group Codacons said it would cost families more than a previous property tax abolished last year. “The math does not lie,” said the group in a scathing critique of Economy Minister Fabrizio Saccomanni. “Those who will pay more will be families with several children who are less well-off”. The tax replaces the contentious IMU housing tax, which was abolished last year following an impassioned drive from three-time premier Silvio Berlusconi’s now defunct People of Freedom (PdL) party that threatened to topple the government. On Thursday the centrist Civic Choice party called on the government to change TASI or risk losing its support if the issue came up in a confidence vote. “We will vote no confidence with regard to any proposal (that includes TASI),” said Civic Choice Senator Stefania Giannini. “We must meet on the issue at once”. IMG id=mediaViewer title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2014/01/wpid-trasp12.gif”ALL RIGHTS RESERVED