In Italy, employers say they earn less than employees

Newswire

By Lisa Jucca MILAN, March 31 (Reuters) - In a country hard-hit by a deep economic crisis, Italian employers appear to have suffered more than those working for them - if annual tax declarations are taken at face value. Data released from the Treasury this week show that in 2010, a year of transition between the subprime crisis and the euro zone emergency, Italian employees declared, on average, 19,810 euros ($26,400) a year. But the entrepreneurs who hired them said they had pocketed ...

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