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FEB 03, 2013 - TheStreet

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Berlusconi: If I Win, I'll Cancel Home Tax

By Frances D'Emilio ROME -- Media mogul Silvio Berlusconi on Sunday promised Italians that if they vote him back into office, he will abolish an unpopular tax on primary residences and refund property taxes Premier Mario Monti's government made them pay in 2012 as a key austerity measure to rescue the country from the eurozone debt crisis. Berlusconi abolished the tax in 2008, when he was elected for a third term as premier, to fulfill a campaign promise. But the tax was immediately revived when Monti, an economist and former European Union commissioner, replaced him in 2011 as Italy ... Read More

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