Politics

Italy’s Flat Tax

Scrooge McDucks from overseas, did you know that the a Paradise on earth such as Italy – with its food, people, fashion, landscapes etc. – has became a fiscal Paradise for you from a few weeks? Finally the government passed a law that might as well attract wealth and a boost to the economy instead of stinky useless migrants able to make their wealth by stealing the wealthy – validating Churchill’s quote for which while “capitalism consists in an unequal sharing of blessings, socialisms consists in an equal sharing of misery.” Thus now a new foreign resident can apply to the Italian Revenue Agency with the request of being billed only €100,000 over a period of 15 years. E.g. considering that €100,000,000 revenue would be cut in half in almost all the States of residency making the millionaire a middle class species, having the possibility that year to pay on his revenue coming from overseas – which should be everywhere but in the E.U., so I guess England as well as soon as Brexit will be effective; which I guess will be interesting due to the economic shock and the falling of the Pound, the raises in salaries and the major taxation the government will ask to retain the same inflow. What will you be waiting for, then? Bank accounts in Italy are cheap compared to existing fiscal paradises, life is cheaper in general and the period to live there can be seen as spent in a holiday which offers the best landscapes in the world – together with charming cities filled with activities, shopping and art. In Italy it’s easy to jump in a car and, depending on the range of time you want to spend into it, you can see within generally 15km totally different scenarios already. Plus, last but not least, the real estate is so cheap!!! From 2008 apparently it hasn’t came yet to its old prices, but necessarily it will be in a new economic cycle – this theatrical piece in our politics must soon come to an end and everybody who studied history known we Italians always rose up again to send on our own. Italy wasn’t hit that much by the 2010 Eurozone crisis. I want to remind that Silvio Berlusconi succeeded in refusing the IMF loan that Sarkozy and Merkel relentlessly tried to palm off us. The result? CRISIS, but at least not SLAVERY (to “Germany’s” EBC) – unlike Greece, Spain, Ireland, Cyprus. For Berlusconi the result was a political golpe that happened a few days later in that November 2011, when the most criminal president of the Republic – €19 millions worth ex communist decrepit Giorgio Napolitano – called him off his charge and decided Mario Monti should succeed to him immediately as a premier.

This news of a Flat Tax 6 years later should comfort everybody instead of being criticised. All proud Italian that in 2011 cherished our close death should over-talk about it because we are resurrecting. A “left” technical government passed it – needless to say it, Berlusconi proposed it years ago but was not listened to. We need money, fun, wealth brought to our country of Gods. Poverty never created anything – wealth does! Our most beautiful art pieces comes from wealthy men who commissioned it!!! And wealthy people are the good entrepreneurial people that Italians need.

If you have any questions or you look for some interesting real estate check http://tuscanylegalservices.com/?lang=en

http://www.italy24.ilsole24ore.com/art/laws-and-taxes/2017-03-08/here-s-how-italy-plans-to-attract-high-net-worth-foreigners-with-flat-tax-171816.php?uuid=AEpXBLk

http://www.agi.it/economia/2017/03/09/news/come_funziona_la_flat_tax_per_attirare_in_italia_i_paperoni_stranieri-1565470/

Here Berlusconi cheering: http://forzaitalia.it/notizie/11709/con-la-flat-tax-riparte-l-italia

 

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