Tax reform, young Catholic entrepreneurs: now the pact for intergenerational equity

“The enabling bill for tax reform is an opportunity for this government to finally give an answer to the new generations, who have long disappeared from the political radar, and also intervene on our country’s most dramatic crisis, the demographic one”, Benedetto Delle Site, national president of the Youth Movement of the Christian Union of Executive Entrepreneurs (UCID), the association that brings together Catholic managers and entrepreneurs, underlines this in a note. “The overall tax reform will be a test case – continues Delle Site – this is an extraordinary opportunity for the government to really bet on the future of Italy through what we call a pact for intergenerational equity”.

“ISTAT data on the collapse of births in Italy, which risks compromising the welfare system, consumption and investments in the coming years; Infocamere and Cerved data on the decline in entrepreneurship under 35, to the detriment of employment, innovation and the competitiveness of our economy, are the result not only of a cultural climate unfavorable to new life and youth – urges the president of young Catholic entrepreneurs – also of the irrelevance of the new generations in weighing up public policies From this point of view, the announced tax cut risks losing effectiveness: being distributed without distinction to the widest possible audience of beneficiaries without taking into consideration the asymmetric impact that first the pandemic and then the energy crisis had on young people, disfavouring them in every area”.

“The falling birth rate and the brain drain abroad, where it is often easier to do business, are our Achilles’ heel. Italy – Delle Site continues to denounce – continues to be an unfavorable ecosystem for a young person who, by risking, try to undertake by colliding with a forest of fixed costs, tax and social security contributions, bureaucracy, a real brake on youth entrepreneurship, vice versa the assumption of maternity and paternity leave is postponed over time also due to the absence of a real welfare system dedicated to protection of new life and young life. Nobody seems to realize that the absence of an important line of investment in the new generations is no longer sustainable and will end up turning out to be contrary to the common good”.

“Our proposal for the Meloni government – concludes the national president of the youth of UCID – is a pact for intergenerational equity in public policies, supporting the new forms of welfare implemented in an innovative way by many companies, and going to specifically increase the various benefits for families and entrepreneurs under 35, whether they are bonuses or tax deductions and tax credits, with a view to ensuring that all young people can freely assume paternity and maternity leave in compliance with their childbearing age, also in consideration of the fact that a family that opens up to life early has a better chance of going beyond the first child. Therefore, to support entrepreneurship and youth employment. This tax intervention can be achieved at no cost, without causing further burdens for the State, with a slight reduction in the intensity of bonuses and deductions from the current general tax system: we turn to the government, in view of the pros financial sima, to start working in this direction”.