“I know how to distinguish between those who make sacrifices and those who can make them, stay calm and serene.” With these words, on Sunday from the stage Series in Pontidathe Minister for the Economy, Giancarlo Giorgettiback to the concept that everyone has to make sacrifices in light of the next budget law. “Let the bankers pay and not the workers”, added the leader of the League Matteo Salvini, offering support to the owner of the Treasury.
Minister: tax profits correctly
“Today – Giorgetti said – the Minister of Finance and Economy is not a banker or a professor, but the son of a fisherman and a textile worker, I tell you with great calmness, we are on the side of those who work. , produce and make sacrifices today “. The government is “with seriousness and responsibility trying to translate this principle of common sense into facts”, said the North Starsection 53 thereof Constitutionaccording to which everyone is required to pay public costs based on their ability to pay. The recipe, which Giorgetti explains from the stage of the event of the Northern League, was shown by the latest ruling of the Constitutional Court, the number 111 June 2024: “I would tell anyone who speaks out of turn to read it carefully”, stressed the head of the Treasury. Regulation 111 rejects the tax on the additional profits of the energy companies established by the Draghi government – of which Giorgetti was the Minister of Economic Development – but it only rejects the possibility of affecting profits, but considers its technical interpretation to be incorrect . The Council declares that the section of the law is illegitimate in that it does not exclude the excise duties paid to the State from the tax base and specified in active invoices. And above all it states that it would be physiological to refer to the data declared for IRES purposes, rather than showing the differential calculated on VAT as an element of additional wealth. So, as Giorgetti already pointed out in the last few days, the theme is to “tax properly” profits.
Salvini: bankers should be paid, not workers
From the same stage, Salvini makes matters worse with a new attack on the banks. “If anyone has to pay something more, be it bankers and not workers, our goal is to increase wages and lower taxes on workers. VAT numbers“, said the leader of the Northern League and the Minister of Transport, prompting the reaction of the other deputy prime minister and leader of Forza Italia, Antonio Tajani who reiterated his opposition to new taxes. “Taxes must be reduced”, with his includes those on additional profits that he defines as “an extraterrestrial concept, from Soviet culture”.
The Mef is studying an additional progressive IRES
The road they are studying at Mef that is aAdditional IRES which affects everyone gradually above certain profit thresholds. From this levy, according to what has come to light so far from the discussion with the ABI, banks would be excluded, which are already burdened by an IRES increase of 3.5%, and which would, therefore, contribute to the country’s recovery by postponing the DTAs. . The agreed rule provides that the State will make a delayed payment on the credits that the institutions deduct from the pre-taxes recorded in the budget. In the coming days, another proposal for the intervention of stock options, essentially the bonuses with which managers are paid, will be explored in more detail. To end the budget, Giorgetti is also focusing on linear cuts in the current spending of the Ministries. The list of savings related to the spending review has not yet been provided by her government colleagues, but the next Council of Ministers will consider the savings for the Ministries that the Prime Minister also requested. However, exceeding the 2 billion target for 2025 will be difficult.
The Democratic Party is open to patrimonial hypotheses: it is not taboo
The secretary of the Democratic Party, Elly Schlein, can make a patrimonial arrangement. “It’s not taboo.” Our tax system is “unfair and complex”, said Schlein, emphasizing that the principle of equal equity is the principle that must be applied as the Meloni government approaches tax matters in a “corporate” way.