The New Italian Job—-Fiscal Populism On Steroids

These include slashing taxes for companies and individuals, boosting welfare provision, cancelling a scheduled increase in sales tax and dismantling a 2011 pension reform which sharply raised the retirement age.

The marriage being sealed between the anti-establishment 5-Star Movement and the far-right League was seen as an unlikely and worrying prospect by most analysts before the March 4 election ended in a hung parliament.

 

https://www.reuters.com/article/us-italy-politics-economy-analysis/italys-nascent-government-has-tough-economic-circles-to-square-idUSKCN1IE0JD