Eurispes, 57% Italians make it to the end of the month with difficulty
Most Italians (55.5%) believe that the country’s economic situation has worsened over the last year, for 18.6% it remained stable, while only one Italian in ten (10%) indicated signs of improvement. 15.6% did not know or did not want to provide any answer. This is what can be seen from the 36th Eurispes Italy Report, entitled “Italy at the crossroads”.
According to the Institute’s analysis, however, looking to the future, citizens are cautious: for 33.2% the Italian economic situation will remain stable in the next twelve months. Pessimists, who expect a worsening, are 31.6%, while 10.8% expect a period of economic growth. 40.9% of citizens say that their personal and family economic situation has remained stable in the last 12 months. Although with different intensity, overall 35.4% of Italians report a worsening of their economic condition, while 14.2% speak of an improvement.
Just over one in four manages to save (28.3%), 36.8% draws on savings to make ends meet. 57.4% make it to the end of the month with difficulty. In economic difficulties some have resorted to the support of friends, colleagues and other relatives (17.2%); 16% requested a bank loan, while 13.6% had to borrow money from private individuals (not friends or relatives) with the risk of slipping into the trap of usury. Online sales of goods and objects are widespread (27.5%). 37.6% of Italians had to give up a babysitter and 24.3% a carer. THE15.3% had to sell or lost assets such as their home or commercial/business activity. A lot of people buy in installments (42.7%), often on zero-interest online platforms (21.3%). 14.6% rented clothes and accessories for parties or ceremonies, and 11.7% returned to live at home with their family of origin.
Since meeting medical expenses causes difficulty in 28.3% of cases, sacrifices also affect health and specialist visits for specific disorders or pathologies are dispensed with (23.1%), to medical therapies/interventions (17.3%), to the purchase of medicines (15.9%). “As an Institute – states Eurispes – we continue to advocate, as we have done for twenty years now, the introduction of the family quotient as an income support for Italian families. The family quotient, unlike what happens today in Italy, where the taxation has an individual basis which, for the same income, penalizes single-income families and those with dependent children, it would favor a reduction in taxes, it would overturn the current taxation system, based on individual incomes with children, thus becoming, albeit indirectly, an incentive for births. The tax burden would therefore fall on the average per capita income, rather than on the unitary family income This would also lead to an average annual tax saving for families, which would increase as income and the number of family members grow. The advantages are ensured by the fact that the progressive rates would be applied on the average per capita income (by definition lower) and not on the income of each family member”.
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