New Italian tax reform increases paychecks and pensions by up to 640 euros

A new Italian tax reform is expected to increase paychecks and pensions by up to 640 euros annually. The reform includes a reduction in the second Irpef tax bracket from 35% to 33%, potentially benefiting those earning between 50,000 and 60,000 euros annually. This tax cut is part of a gradual approach to tax reduction, with further interventions anticipated in 2026.