Tuesday, June 12, 2007

A Taxman Loiters In My Dressing Room

This would be a frequent phrase for Italians nowadays because just recently, the Italian government has encouraged the Italian populace to pay taxes, most primarily the high-fashion spenders. This was the conclusion when the Italian government saw a 13% difference in their tax system.

I should have cautioned you before I prattled, you maybe getting it all wrong. Basically, the move was not to dissuade Italian clients but to encourage them. You see, if people were to pay taxes, profits would go up and prices would exhaust. Well, that was what the Italian government said but on the negative side, fashion devotees are not so keen to come out as evaders. Fortunately, the government says no legal retroaction will be made, and instead, a lower rate will be given to these hustlers.

Lucky for these people, the government has assumed to face the problem in a sensitive way. Had it not been for Italy's noted fashion market, the economy would positively go down. Little does everybody know, but Italy's moratorium has been very impotent for the past recent years. Italy is now positive that this move will somehow bring back the enthusiasm for the frequent Italians to appreciate the fashion industry.

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