|
|
- NEWSLETTERS
- MOBILE APPS
-
ADD TIME NEWS
ITALY: Wringing Bachelors
Priests and members of religious orders who have taken the vow of chastity, war-mutilated veterans, officers and non-commissioned officers in the army, and foreign males resident in Italy are exempt from the new tax on bachelors (TIME, Dec. 27) and so could look on with amused tolerance last week when the details of the tax were finally approved and promulgated by the Cabinet.
Most striking is a clause making fathers responsible for payment of the taxes levied on their bachelor sons, if the latter cannot or do not pay.
Between the ages of 25 and 35, and between 50 and 65, every bachelor must pay 25 lire ($1) annually to the state; and 35 lire ($1.50) annually between the ages of 35 and 50. In addition all bachelors who are already subject to the regular income tax will pay 5% more per annum.
Thus from some 1,700,000 bachelors there will be wrung annually 100,000,000 lire ($4,290,000).
Most Popular »
- Model Diets: How Celebrity Chefs Are Losing Weight
- How Strong Is the Evidence Against Amanda Knox?
- Hate Your Job? Here's How to Reshape It
- Did Amanda Knox Get a Fair Murder Trial?
- India, Pakistan and the Battle for Afghanistan
- Will Fear of Big Government End Obama's Audacity?
- Amanda Knox, Convicted of Murder in Italy
- Nicolas Sarkozy: A French Paradox
- The Growing Backlash Against Overparenting
- Why Congress is Furious at the Fed
- Singapore: 10 Things to Do in 24 Hours
- Paris: 10 Things to Do in 24 Hours
- Troubling Rise of Facebook's Top Game Company
- The Dollar in Danger
- Washington: 10 Things to Do in 24 Hours
- Hong Kong: 10 Things to Do in 24 Hours
- Workers of the World vs. China Inc.
- Let's Bail Out the Pot Dealers!
- Teen Obesity: Lack of Exercise May Not Be to Blame
- Asia Stocks Fall Amid Dubai Fears, Dollar Slump





RSS