Monti denies 'income-tax cut' reports 'Premature' move, PM says

(ANSA) - Rome, August 16 - Italian Premier Mario Monti on Thursday denied reports his government was mulling cuts to income tax to help boost the economy.In a statement, Monti admitted Italy's 55% tax burden was "excessive" but said it was "premature" to start cutting it because belt-tightening was still the government's primary goal.