Business tax to be cut 10% with capital-gains hike
Renzi aiming to stoke growth, cut unemployment
08 April, 18:45![Business tax to be cut 10% with capital-gains hike](/webimages/medium/2012/5/21/abbda785af6f604bc5a4e318e8b3f2e8.jpg)
Premier Matteo Renzi aims to accelerate a fledgling recovery from Italy's longest postwar recession and lower record unemployment while sticking to EU-mandated fiscal targets.
A 10-billion-euro cut in payroll taxes is a key part of the DEF, along with an 80-euro-a-month tax cut for 10 million Italians with a salary of less than 1,500 euros.