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This article was published on July 22, 2015 at 13:21.
The last change is the July 22, 2015 at 13:48.
The tax cut “is effective if it is credible and believable if it is permanent. To be must come from spending cuts. ” This was stated by Minister of Economy, Pier Carlo Padoan, during a conference (“Less taxes. Less spending”) organized in Rome by Confcommercio, explaining that the sustainability of the tax reduction is also a component of the sustainability of public finances , especially for those with a high public debt as our country.
Not only. Padoan stressed that “we must step up the fight against tax evasion.” He said he “does not understand those who say that instead of cutting taxes must increase the fight against tax evasion”, because the two things “are not alternatives, but complementary.” As all’eliminzione tax on first homes, announced by Prime Minister Renzi from 2016, “in the right direction although it is a necessary but not sufficient condition for the revival of the construction industry ‘.
Padoan: cut taxes for more growth and employment
For Padoan the tax cut is part of a “process of radical modernization of the country and must create wealth and jobs after years crisis. ” Beyond the individual taxes that will be cut to the minister “a lower tax burden will contribute to growth and employment.” The intervention on taxes is part of “a radical reorganization of the country started with the structural reforms.”
“Ok cutting taxes first house, but not enough to relaunch construction ‘
Specifically, “a component of the strategy of lowering taxes must also touch on the house, because domestic demand needs to be stimulated.” And the construction industry is a sector “that has affected much of the financial crisis and should be supported.” That’s why the elimination of the tax on the first house (announced by Renzi, ed) in the right direction “, although it is a necessary but not sufficient condition for the revival of”.
“More fighting evasion is complementary to cut taxes”
One of the speech was devoted to the fight against tax evasion which “must be intensified.” Economy Minister said he did not share the criticism of those who say that “instead of cutting taxes must increase the fight against tax evasion,” because, in his opinion “we must do both” things that “are not alternatives but are complementary. “
” If you do not share it Renzi would plan another job “
Padoan then denied differences with Renzi on fiscal policy. He said he shared fully the plan of drastic cut taxes (45 billion in the next three years) announced by the premier assembly of the Democratic Party on July 18. “If I had not shared before the announcement of the Prime Minister these measures would be here today, but with a different job,” said the minister, who assured: “It is not an ad impromptu, but another step in a strategy commissioning underway for some time. ”
The plan Renzi
The timetable announced by Renzi on cutting the tax burden includes: road tax on first homes, sull’Imu agricultural and machinery “bolted “from 2016, work on IRES and IRAP from 2017 and measures of” personal income tax brackets and pensions “in 2018.
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