Italy scraps car tax for 14.5M vehicles, costing budget €2B+

Italy's government, led by PM Giorgia Meloni, announced elimination of the car tax (bollo auto) for 14.5 million cars and motorcycles, costing over €2 billion. The surprise move, revealed Wednesday, pressures an already strained state budget and may signal a populist pivot ahead of elections. Fiscal impact and funding sources remain unclear.