Reply To: Left/Right Populism

October 2026 › Forums › General discussion › Left/Right Populism › Reply To: Left/Right Populism

#175637
alanjjohnstone
Keymaster

Certainly will make them more popular if business can survive the cost.

https://www.independent.co.uk/news/world/europe/italy-budget-basic-income-retirement-age-lowered-tax-cuts-spending-five-star-league-a8704081.html

The budget will still see the introduction of a basic payment of around €780 (£700) a month for those on low incomes.

The retirement age will also be lowered from 67 to 62 for millions of people who have paid into the Italian pension system for at least 38 years.

The government has also agreed to introduce a string of tax cuts for individuals, including relief for self-employed people earning less than €65,000 (£58,500) a year.

Tax has however been increased for banks, insurers and gambling companies.

Since coming to power seven months ago, M5S and the League have seen their popularity rise to around 60 percent.