Friday, November 18, 2011
Burlusconi got elected before by getting rid of it.
Much of Italian wealth is invested "in homes, properties, offices, and since it's in real estate, it's a little frozen", Giovannini said. "How do you get this wealth to produce income and growth? The first hypothesis is a property tax, not a one-off tax, but a permanent one." While some of the parties supporting Monti's government in parliament have backed re-introducing a property tax, Berlusconi's People of Freedom bloc has opposed it.