Exceptional Total war Net Net ascertained expenditure, normal anticipated deficit now ended deficit deficit Million lire Million lire Million lire Million lire 1920-21 17,409 12,160 5,249 1921-22 15,760 12,505 3,255 1922-23 3,041 ? 3,'041 ( ?) 1923-24 2,616 1 10. Taxation Revenue. Reliel' was promised to · those taxpayers who, before the arrival of Fascism, had organised taxation strikes ; and on the other hand the Fascist press published under big headlines, in July, 1923, the news that there was to be an increase of 1 ,Soo millions in the revenue. 1'he truth is that the taxation revenue, after the great post-war expansi0n due to the depreciation of the lira and to the necessity of meeting the new burdens left behind by the war, is now at the level reached by the provision made by past Governments, and is tending naturally to a settled figure. The official revenue figures are as follows: 1920-21 1921-22 1922-23 January to October, 1922 '' 1923 Million lire I I ,069 12 ,795 12,781 10,782 10,716 Further amounts have to be added of 1,059 millions in 1921-22 and 1,208 in 1922-23 for the difference between the values of the paper and the gold lira, paid in respect of customs duties payable in gold. Thus in all 14 MILLIARDS of taxation was paid in each of the last two years, compared with 2 MILLIARDS before 1 Already this figure has been increased, additional expenditure amounting to 400 millions having been decreed ; the Ministerial Estimate of November, 1923, indicated an anticipated deficit of 2,913 millions. 12 Biblioteca Gino Bianco
RkJQdWJsaXNoZXIy MTExMDY2NQ==