The reduction of the tax burden is foreseen in the maneuver. But it has not yet been decided how to allocate the available resources. On the table interventions for workers with low and medium incomes, with remodeling of personal income tax, and exemption from IRAP for small businesses
There is one on the table for the tax cut eight billion pie, money that next year will not enter the state coffers and will be distributed to the Italians. The how is still to be seen. There are many hypotheses but there are also many requests from parties, industrialists (who ask to raise the stakes to 13 billion) and trade unions, who would like the benefits to all go to employees and retirees.
In the midst of this debate, the Bank of Italy – during his hearing in the Senate on the Budget Law – believes it is better to review existing bonuses and deductions, rather than acting only on the levels of personal income tax, which weighs on workers; while on Irap, paid for by companies, Via Nazionale warns that its reduction could have repercussions on Healthcare, partly financed with this tax.
The two chapters on which we want to intervene with the maneuver are in fact these, with a subdivision of the resources that would see six billion for the benefit of workers and two for companies.
The simulations presented by the government are numerous and as regards theIrpef, the basic idea is to facilitate those with medium and low incomes, reviewing the current brackets, i.e. the thresholds beyond which the levy increases, especially rewarding those with a gross income of between 28 thousand and 55 thousand euros a year. Depending on how the bar moves, it will be possible to calculate how much more there will be in the paycheck for, it is estimated, about seven million Italians.
As regards the companies that pay theIRAP, smaller ones would be met with a discount formula (a deduction of 30-35 thousand euros, higher than the current one) which could exempt one million VAT numbers, artisans, individual firms and self-employed workers. In practice, the number of small companies paying this regional tax would be halved.