Fascist tax policy added roughly two million new taxpayers within two years

Evidence

In 1924, the British embassy transmitted two copies of the publications issued by the Ministry of Finance called “Fascist Financial Policy” which stated: “the number of income tax payers has increased from 600,000 to 700,000. Th e entry on the roll of contributors of labourers hereto exempt from taxation … has increased the number by another 100,000 to which must be added a further 1,250,000 through the application of this tax to incomes derived from farming” (Ettore Rosboch, Rome 1924, FO 371/9936, fol. 35 [p. 11]). — Clara E. Mattei, The Capital Order, 1708

Categorization

• XREF: The expansion of the tax net to newly liable workers mirrors Britain’s interwar tax base broadening under the same austerity program. — connects to: Fascist fiscal policy shifted tax burden onto consumption, not wealth — Clara E. Mattei, The Capital Order: How Economists…, 1226