Rome, 18 Sept. (LaPresse) – Was the abolition of road tax a difficult decision? “Because we spent a long time examining various options. I am here” in Dublin at the Ecofin meeting “with many European colleagues; we are all struggling greatly with how to tackle these crazy rises in fuel prices. We had adopted this policy of excise duty discounts, but it was financially unsustainable.” So said the Minister for the Economy, Giancarlo Giorgetti, via video link with the Open Festival. “After careful review and a great deal of work, the signal we sent on road tax seemed to us to be the one that would benefit motorists; in the form we decided on, it applies to non-luxury cars. And it’s simple because it doesn’t require measures such as the ISEE, which can sometimes complicate matters and reduce the benefit of the scheme.”
Cars: Giorgetti, road tax is a straightforward measure, excise duty discount financially unsustainable
Rome, 18 Sept. (LaPresse) – Was the abolition of road tax a difficult decision? “Because we spent a long time examining various options. I am here” in Dublin at the Ecofin meeting “with many European colleagues; we are all struggling greatly with how to tackle these crazy rises in fuel prices. We had adopted this policy of excise duty discounts, but it was financially unsustainable.” So said the Minister for the Economy, Giancarlo Giorgetti, via video link with the Open Festival. “After careful review and a great deal of work, the signal we sent on road tax seemed to us to be the one that would benefit motorists; in the form we decided on, it applies to non-luxury cars. And it’s simple because it doesn’t require measures such as the ISEE, which can sometimes complicate matters and reduce the benefit of the scheme.”