One remarkable conclusion to draw from the official cheating estimates: winning the war on tax cheats could wipe out many times over the country's budget deficit, which is expected to soon reach euros 42 billion ($53 billion). And it would rapidly knock away at the nation's colossal public debt of â¿¬2 trillion ($2.5 trillion), or 125 percent of GDP.But "big international frauds are up," lamented Lt. Col. Gianluca Campana, in charge of the income tax unit revenue protection office at the Guardia di Finanza, Italy's financial police corps which reports to the Economy Ministry.
Beating Tax Cheats Key To Italy's Recovery Plan
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