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Salvini wants to tax banks and energy firms to cut fuel taxes
๐Ÿ‡ฎ๐Ÿ‡น Italy /Economy & Trade

Salvini wants to tax banks and energy firms to cut fuel taxes

From Corriere della Sera · () Italian

Translated from Italian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • Matteo Salvini, leader of Italy's League party, called for banks and energy companies to be taxed to fund fuel excise duty cuts.
  • He also reiterated his stance against the high-speed rail project, labeling No Tav protesters as terrorists who should be dissolved.
  • Salvini also expressed concerns about

Matteo Salvini, the leader of Italy's League party, has reopened the debate on taxation, proposing that banks and energy companies, which he claims are making record profits, should contribute financially. This, he suggests, would allow the government to maintain fuel excise duty cuts and potentially implement further reductions, especially given the escalating conflict in the Middle East.

We were not elected to tax Italians.

โ€” Matteo SalviniDuring a speech at the League's summer festival, addressing fiscal matters.

Speaking at the League's summer festival in Milano Marittima, Salvini, accompanied by his partner Francesca Verdini, directly challenged the idea of imposing new taxes on citizens. He specifically targeted banks and energy firms, stating, "There are two entities that, by the numbers, are making record profits." He believes the government should "courageously ask" for a contribution from these sectors to help those struggling, particularly during the holiday season.

There are two entities that, by the numbers, are making record profits.

โ€” Matteo SalviniReferring to banks and energy companies as potential sources for government revenue.

Salvini also addressed the controversial high-speed rail project, calling the No Tav protesters a "terrorist group" and demanding their dissolution. This strong stance on the infrastructure project, which has seen significant opposition, reflects a hardline approach to dissent.

We must confirm the cut in fuel excise duties.

โ€” Matteo SalviniStating his position on fuel taxes amidst rising energy costs.

Furthermore, the League leader voiced concerns about "Eurabia," a concept popularized by Oriana Fallaci, warning of a potential "clash of civilizations" due to the increasing influence of Islam in Europe. He advocated for stricter border controls, reiterating his earlier call to suspend the Schengen agreement. Salvini also indicated that the League is working on a "decree Islam" aimed at countering what he perceives as the Islamization of Europe, a move that could face constitutional challenges.

No Tav terrorist group, they must be dissolved.

โ€” Matteo SalviniCommenting on the anti-high-speed rail movement.
DistantNews Editorial

Originally published by Corriere della Sera in Italian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.