“The lockdown must be done to taxes: 80 billion immediately to save businesses”

by time news

To loosen the social tension increasingly widespread in many categories of self-employment, the Government must abandon the politics of micro aids implemented until now, replacing it with extraordinary measures capable of mitigating the negative effects that the pandemic crisis is producing. Given the urgency, according to theCgia Studies Office it is necessary, for example, “to apply“for the current year on tax lockdown and provide heavier reimbursements than those distributed so far. The artisans of Mestre estimate the resources that the Government should put in place by the end of July to save the economic activities hit by the pandemic crisis at another 80 billion euros. Barring the advent of new variants, thanks to the climatic conditions and the vaccination campaign, most likely in the middle of summer we should be almost definitively back to “normalcy”, that is to say the pre-Covid situation.

THE LOCKDOWN TO TAXES WOULD COST 28 BILLION

To prevent the supports that will be disbursed to businesses in the coming months are used by the latter to pay taxes and contributions, it is necessary to “impose” a lockdown on taxation, allowing VAT numbers and small businesses to save around 28 billion euros this year. An important size amount which, of course, could be scaled down by allowing zeroing of tax burden only to activities with revenues below a certain threshold or on the basis of loss of turnover. This loss of revenue of 28 billion was estimated by assuming to allow all economic activities with a 2019 turnover of less than one million euros do not pay personal income tax, IRES and IMU on the warehouses for the current year. These companies, which amount to about 4.9 million units (equal to about 89 per cent of the national total), should still pay local taxes, so as not to cause liquidity problems to the Mayors and Presidents of region. Lightened by the burden of an often unfair tax, for a year they would live with less anxiety, less stress and more serenity. Not only that, but with 28 billion saved we will lay the foundations to restart the country’s economy.

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