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Meloni to Abolish Italy’s Vehicle Ownership Tax to Woo Voters

Source: Bloomberg

Fiscal Policy & BudgetTax & TariffsElections & Domestic PoliticsEnergy Markets & PricesConsumer Demand & Retail

Italy’s Meloni government plans a sweeping vehicle-ownership tax cut to cushion consumers from the energy crisis ahead of next year’s general election. The measure could support household purchasing power and auto-related demand, but raises fiscal-cost considerations and reflects continued energy-price pressure.

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