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Italian Middle Class Faces Economic Squeeze and Generational Anxiety

New Cida-Censis report highlights stagnant incomes, rising fiscal pressures, and fears of social fracture without urgent reforms.

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Overview

  • The Cida-Censis report reveals that over 50% of middle-class Italians have stagnant or declining incomes, with 45% already reducing consumption.
  • Generational concerns dominate, as more than half of parents fear their children will be worse off, with 51% expecting them to seek opportunities abroad.
  • A majority of middle-class Italians feel their education and skills are undervalued, with 82% reporting a disconnect between cultural capital and income.
  • Public welfare is deemed insufficient, with only 18% finding it adequate and 70% demanding lower gross-income taxes to address fiscal inequities.
  • Experts warn of a potential irreversible social fracture if reforms to taxation and welfare systems are not implemented promptly.