Useful extras to avoid selling out
In 2023 the Meloni Government was unable to tax the banks’ extra profits. Il Sole 24 Ore writes: according to a projection by the Fabi (Autonomous Federation of Italian Banks), the Italian banking sector is going through an extraordinary phase and profits will reach record levels, standing at 43.431 billion (+22% on 2023). This result is almost triple compared to the previous five years, ergo we can say that a “treasure” has been created which will have to be well managed. In this small diagram you will find the profits and taxes of the banks for the last 3 years:
Year Profit of banks in billion € Taxes 24%
2021 7,68 1,8432
2022 12,8 3,072
2023 (forecast) 43.431 10.4234
Interesting? Minister Giorgetti is about to “sell” some shareholdings (Poste, Eni, Ferrovie dello Stato, Leonardo, Terna and Snam) to earn 20 billion euros over the next 3 years. What if he instead used this extra income to immediately raise 50%? The solutions are almost always right before our eyes, the important thing is that we at least try to use them. Let’s wait.