Taxes, via IRAP, but IRPEF (for now) will not go down: here’s how the taxman will change

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Taxes, the hearing of the Minister of Economy

Abolition of IRAP, no property tax and reduction of the tax wedge (ie the costs that weigh on work) to promote employment. These are the three good news that will bring taxpayers the tax reform that the Draghi government is preparing to implement through a delegated law, until yesterday expected by the end of July but which will instead be delayed by a few days. The philosophy and points of the reform were illustrated by the Minister of Economy and Finance Daniele Franco on 22 July during the hearing before the joint Finance Committees of the Chamber and Senate (complete registration on the Senate website at this link). There should not be a cut in the personal income tax, because not only are there no resources but also because there is no time, as anticipated a few days ago by the Minister of Economic Development, the Northern League player Giancarlo Giorgetti.
Between expectations, dreams and reality (in mid-July the public debt reached a new record at 2,680 billion, 160% of GDP), these are the main points of the tax reform that is taking shape.

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