Sunday, February 28, 2016

Government working on a maxi-cut taxes, you can advance income tax decrease – TGCOM

– “The Irpef cut is fixed for 2018, but may be anticipated.” Word of the Deputy Minister of Economy Enrico Morando, who explains: “I would not exclude that it is possible, if things go a bit ‘in the right direction, anticipate 2017 today initiatives planned for 2018. Now it is still early to tell.” And ‘however already decided, declares that “will start from January 1, 2017 a reduction in the IRES rate of four” points.



 Government to work on a  big tax-cut, can advance income tax decrease

If we intervene on installments or otherwise, it see “later, when we will be able to concretely envisage the intervention,” he further explained Morando.

the big tax cut and flexibility – What the maxi-cutting taxes, perhaps precisely to anticipate throughout 2017, is the plan cherished by Prime Minister Matteo Renzi, after having signed the truce with the President of the EU Commission, Jean Claude Juncker. A plan which will be played on all of the flexibility that the executive thread counts of being awarded by Brussels also for next year.

Already in the year-end press conference the prime minister had implied to have in mind a thicker floor of IRES only cut, explaining, however, that it was too premature to go into details, so as not to “upset Padoan”, since in any case the discussion, he said, would be in full swing only “summer of 2016″.

Taddei: “On with the plan already in place, early to tell whether some points will be advanced” – Now that the climate has changed and that in Europe we start talking more growth than austerity, you could then create the conditions to accelerate one of the flagships of Renzi, cutting precisely taxes. But we must move cautiously because, explains the chief economist of the Democratic Party Filippo Taddei, “Now is not the time for decisions.”

Of course there is every incentive “to see how we can speed up a path which in any case is already in place “and sees” a structural reduction of over 23.5 billion has already been implemented “, 10 with 80 euro, 5 of IRAP, about 5 between Tasi, also IMU for agriculture and bolted and 3.3 of IRES, in addition to “another 5 billion interventions for only 2016″ from maxi-depreciation and de-contribution. “

the next intervention, he adds, are those already made public,” the personal income tax for 2018 and what we can do to reduce the cost of permanent employment for all in a structural way. “But” for now to say if and when – he said – is premature “because” first we must see the spaces that are there. “

to cut taxes is necessary for the EU to accept new margins deficit – And with growth less brilliant than you could just wait a few months ago, in fact, Italy by his own forces would not be able to anticipate the tax abatement program, while maintaining the adjustment of accounts towards medium-term process that goal, a balanced budget, already postponed twice. It’s essential to check new margins on the deficit for 2017.

The ratio of net debt to GDP with the Def update note of October was set at 1.1% in 2017, the Commission, informally, he made it known that it was prepared to grant one more 0.2%. The goal of the government would instead take him to at least about 2%, using about 15 billion flexibility to cut taxes.

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