Saturday, June 16, 2007

Tax Avoidance for Skeptical Italians

The ANNOTICO Report

 

The English have a different point of view, and delusionally feel superior.

 

While the French had their Class Struggle Revolution, and the Americans their Anti Colonialistic , Anti Monarch Revolution, the English "Great Revolution (1688)" consisted merely of a Religious (Protestant vs Catholic) War, and to this day still embrace their Monarchy.

 

The English are "sheepishly compliant", and thus have an incapacity to understand the skepticism and cynicism that Italians have toward government, who they understand is in place to protect and nurture the wealthy, and are aware that all politicians "slurp at the trough",  and thus feel no reluctance to withhold taxes.

 

Therefore, Tax  Avoidance/Evasion  in Italy is an "art form"

Italians, The 'Indecent' Tax Dodgers

Telegraph.co.uk - United Kingdom
By Malcolm Moore in Rome

June 15, 2007

 

Many Italians like to joke that tax evasion is their national sport, and the latest figures show an increasing flair for creative accounting: #182 billion of tax was dodged in 2004.

The figures from the treasury show that one fifth of Italy's GDP was lost to unpaid taxes. Honest taxpayers are submitting, on average, more than half their salaries in tax to keep the country running.

Romano Prodi, the prime minister, said the level of tax evasion in Italy was now "indecent" and has launched a crackdown.

Last year, there was a 49 per cent rise in unpaid tax recovered by financial police to #2.3 billion. Silvio Berlusconi, the former prime minister, often encourages Italians to dodge taxes as a protest. Last month he called for a "tax strike".

A quarter of Italians claim that their salary is only #4,000 a year, while the residents of Milan, one of the richest cities in Europe, claimed average salaries of just #5,400

http://www.telegraph.co.uk/news/

main.jhtml?xml=/news/2007/06/15/wtax115.xml

 

The ANNOTICO Reports Can be Viewed (and are Archived) on:

Italia USA: http://www.ItaliaUSA.com [Formerly Italy at St Louis] (7 years)

Italia Mia: http://www.ItaliaMia.com (3 years)

Annotico Email: annotico@earthlink.net