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Meloni’s Coalition Maps Targeted Budget Tweaks as Treasury Rejects Talk of Changes

A concluding summit next week will weigh limited adjustments under strict deficit constraints.

Overview

  • After a two‑hour meeting at Palazzo Chigi, majority leaders identified areas for possible revisions that include short‑term rentals, an extension of hyper‑amortization, dividend taxation, a broader first‑home ISEE exemption, and measures on investment gold.
  • The Economy Ministry stated that reports of changes to the budget are unfounded, signaling that any adjustments must preserve the law’s fiscal balance.
  • Lega is pushing a revised €877 million housing plan through 2030 for lower‑rent units with purchase options for young people and other groups, and a proposal is being evaluated to apply the 21% flat tax on short‑term rentals to owners with up to three properties.
  • Tensions surfaced as Forza Italia rejected Lega’s bid to cut the Rai licence fee, Fratelli d’Italia advanced language on Bank of Italy gold reserves ownership, and parties floated moves on IRAP for large banks and potential gold taxation.
  • Parliamentary amendments now move through the Senate Budget Committee, with controversial proposals drawing opposition criticism, and the majority aims to complete approval, including in the Chamber, before Christmas.