The new governor of the sun-swept Italian island of Sardinia is repealing a tax on the mega rich that will benefit, among others, jet setters like billionaire Prime Minister Silvio Berlusconi.<br /><br />
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<p align="center"><span style="font-size: 8pt"><strong>paradise:</strong> Sardinia island</span></p></td></tr></tbody></table>Governor Ugo Cappellacci, the son of Berlusconi's tax adviser, proposed a budget that repeals the tax on mooring luxury yachts and landing private aircraft on the island where the prime minister owns a holiday mansion.<br /><br />The luxury taxes, which opponents said scared away the rich and hurt tourism, were introduced under the previous centre-left governor, Renato Soru, who was ousted in elections last month.<br /><br />Berlusconi hand-picked Cappellacci out of virtual obscurity to run against Soru. His election victory triggered the resignation of Italy's opposition leader, Walter Veltroni. 

The new governor of the sun-swept Italian island of Sardinia is repealing a tax on the mega rich that will benefit, among others, jet setters like billionaire Prime Minister Silvio Berlusconi.

Italian holiday island to scrap tax on mega rich

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Italian holiday island to scrap tax on mega rich

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