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    Italy's invisible tax to claw back 13 billion from wages and pensions▼torna la tassa invisibile stangata da 13 miliardi su stipendi e pensioniGgoogleITBusinessEconomy50K1 h ago

    Fiscal drag — the 'invisible tax' known in Italy as bracket creep — is back at the centre of public debate, with reports estimating it could cost salaried workers and pensioners up to 13 billion euros. The tax does not appear on pay slips: inflation pushes incomes into higher tax brackets, eroding purchasing power without any visible increase in tax rates, prompting calls for indexation and government intervention.

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    FIDE refuses to reinstate Russian Chess Federation●FIDE refuses to reinstate Russian Chess Federation – Kremlin-backed media The General Assembly of the International ChesMmastodonWarUkraine123 h ago

    The General Assembly of the International Chess Federation (FIDE) has voted not to lift the suspension of the Chess Federation of Russia, keeping Russian players and officials barred from international competition under the Russian flag. The decision was reported by Russian state news agency TASS, which described the outcome as a refusal to reinstate the national federation.