Friday, May 27, 2016

Confindustria renziana: swaps the Yes to reforms with a tax cut – the Journal

a Yes in the referendum on reforms in exchange for enterprises measures. Down labor costs, shift from taxation from production to the “things”. Translated, plus VAT, and, perhaps, even property taxes. The first public release of Vincenzo Boccia is a support Renzi government. Acceptable and expected, given the uncertainty about upcoming appointments with the voting booth.

For the time being there is not an official yes. The account “will be decided in the General Meeting convened for 23 June.” But the endorsement for the Yes there is, and comes with support for reforms, “obligatory path to free the country from the vetoes of minorities and the particularities, which have helped to choke him in the status quo.” Boccia draw a line of continuity between the support of Confindustria reforms (and referendums) of the nineties. It pushes those Renzi that “can usher in a great era of responsibility.” Appreciated in particular two points. “Confindustria has been fighting since 2010 to overcome the perfect bicameralism and reform the Title V of the Constitution. With satisfaction, today, we see that this goal is within reach. “

The other strong message of early mandate, Boccia dedicates recipes to make growth back (for now” moderate “), and , above all, the productivity. True that the Italian is too low. “Since 2000″ in Italy “it has risen by 1% against the 17% of our major European partners.” But the fault is not of the low value of the products made in Italy, because of labor costs that we have “increased more than in other economies.

<'p> It is a support for the idea of ​​cutting government tax wedge. Well even the mini IRES reduction to 24% which should take in 2017. But that is at risk, if the government decides to reduce the tax burden on families. Idea “excellent, but not enough.” As if to say, indispensable.

Confindustria wants to “move the tax burden on labor and easing the business by increasing the on things.” It is the traditional position of Confindustria (and European Union), in favor of a VAT increase to fund a cut pressure on businesses. But the vagueness of the “things” is also thinking to real estate. So much so that between the reaction there has been cautiously critical Federdistribuzione, but also Confedilizia.

The Boccia message is all in the name of unity of the confederation. On bargaining effectively marries the Federmeccanica position: “We do not want to play down: we want higher productivity to pay higher wages.” So bargaining increasingly less national and increasingly shifted to the farm level. Recipe encasing a “no” immediate Susasnna Camusso (CGIL), and an availability of Annamaria Furlan (CISL) and Carmelo Barbagallo (UIL). One on the contract model is an attempt to pacify the part of the confederation has supported the. Wednesday the meeting behind closed doors, Boccia was elected with 87% of the votes cast, but the percentage drops to 66% if we consider the blank votes. Sign of discomfort in the confederation sectors who backed Alberto Vacchi. For example Assolombarda.

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