Prime Minister Mario Monti, a Catholic crusading to put Italy’s economy in order by ending entrenched privileges such as tax breaks, is striking against an unlikely target - his own Church.
Monti’s government issued a statement on Wednesday night saying it had informed the European Commission that it would pass a law ending the Church’s exemption from local property taxes on its properties used for commercial purposes.
Estimates on how much this can bring to government coffers have ranged from 700 million euros ($908 million) to more than 1 billion euros.
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questionall reblogged this from manicchill and added:
Frankly, I don’t think churches should be tax exempt in the first place. I don’t know who’s idea it was, but it was a...
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questionall liked this
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manicchill reblogged this from sarahlee310 and added:
So who wants to start betting on how long it takes “Monti Hates Catholics” to appear in something produced by News...
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sarahlee310 posted this
