Italy Scraps Road Tax for Most Cars as Election Nears
- On Wednesday, Italian Prime Minister Giorgia Meloni announced the government is abolishing road tax for 14.5 million cars and motor-bikes, effective January 1, 2027.
- Meloni's coalition, trailing in polls, initiated the move to boost support ahead of next year's national election as Italy's public debt peaks at 139% of GDP this year.
- Rising fuel prices, driven by the war against Iran, force the government to fund excise duty cuts while the exemption costs an estimated €2.36 billion and limits citizens to one vehicle each.
- While coalition parties praised the tax-cutting agenda, critics dismissed it as a distraction; Rossano Sasso, aide to rival Roberto Vannacci, said it's "like treating pneumonia with a throat lozenge."
- National Future, a far-right party led by Vannacci that is gaining support, poses a political challenge to Meloni's coalition as budget updates are due in the coming weeks.
49 Articles
49 Articles
The decision of the Council of Ministers today: abolished the stamp, in 2027, for small and medium-power cars (up to 80 kW) and for all motorcycles. To compensate the Regions for the lack of revenue, the State plans to transfer, next year, funds for 2,3 billion euros
With a surprise move, he introduced an exemption that will cover small and medium-power cars and all motorcycles, but with limits
"Today, the government is abolishing one of the taxes that Italians hate the most," said Meloni.
Italy's Meloni scraps road tax for most cars as election nears
ROME, Sept 16 - Italy is abolishing road tax for 14.5 million cars and motor-bikes, Prime Minister Giorgia Meloni said on Wednesday, in a move estimated to cost the country's strained state coffers more than €2 billion ($2.31 billion). Read more at straitstimes.com.
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