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Meloni Rules Out Wealth Tax as CGIL Plan Reignites Italy’s Fiscal Fight

Meloni’s vow leaves the CGIL-backed levy a talking point rather than a pending policy.

Overview

  • Maurizio Landini proposes a 1–1.3% annual charge on net wealth above €2 million, saying roughly 500,000 people would be affected and yield could reach about €26 billion.
  • Elly Schlein backs a European-level tax on billionaires, while Giuseppe Conte distances himself, calling a super‑wealth levy non‑resolutive and not on the M5S agenda.
  • A widely cited Izi survey reports about 84% support for a one‑off tax on ultra‑wealth, including strong backing among voters of governing parties.
  • Economists and international examples highlight risks of lower‑than‑forecast revenue and capital flight, contrasting CGIL estimates with more cautious projections.
  • The dispute unfolds as parliament prepares budget amendments and CGIL readies a December 12 strike, with no bill filed and the government firmly opposed.