Home » Budget law, Confindustria and trade unions at a hearing in Parliament

Budget law, Confindustria and trade unions at a hearing in Parliament

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MILANO – The maneuver budget, “despite some positive interventions, does not mark a significant step forward towards the modernization of the country. In fact, its approach certainly responds to the need to accompany it along the path to exit from the crisis, but it does not seem able to support those transformative demands of the Italian economy and society, which are also the basis of Next Generation Eu “. This is the opinion expressed by the general manager of Confindustria Francesca Mariotti, at the hearing on the Budget Law, to the Budget Committees of the Senate and the House.

In terms of production costs, added Mariotti, “we believe urgent interventions to counter the increase in raw materials and energy prices. In fact, while appreciating the allocation of 2 billion to reduce the parafiscal components of the electricity and gas bills and contain the effects of price increases in the first quarter of 2022, we must note that this measure will not produce concrete effects on the ‘expensive energy’ for the industry “. Furthermore, he continued, “there is a lack of incentives for the automotive sector, which are necessary for the entire supply chain, but also to reduce pollution and improve safety”.

The president also spoke about Maneuver Carlo Bonomi, hoping for more resources for the tax reduction and all on the tax wedge. “We believe that the eight billion are few, we believe that at least 13 must be put on a strong contribution cut in the tax wedge,” he said on the sidelines of a power initiative.

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The CGIL: “Already 10 billion to businesses, now money to workers”

The trade unionists also focused on the tax issue in their hearings. The reduction of IRAP “does not see us at all in agreement, for many reasons” and, moreover, “the Budget law contains many measures in favor of companies: over 10 billion euros. We therefore believe that, if we have to make a choice at this stage, we must direct these resources on workers and retirees “, said the deputy secretary general of the CGIL, Gianna Fracassi, about the 8 billion for the tax cut. Among other things, the measures for the benefit of businesses, he adds, “continue to be without selectivity and conditionality”.

Cisl: “Inappropriate IRAP cut”

According to the confederal secretary of the CISL, Ignazio Ganga, “the use, even partial”, of the 8 billion allocated in maneuver “for the reduction of IRAP it appears inappropriate, all the more so if it should concern Irpef subjects who already benefit from flat-rate schemes of absolute advantage” compared to employees and retirees. Those resources must be “fully” allocated to them. According to Ganga, “the urgent need to rebalance the personal income tax, today almost entirely borne by workers and pensioners” is evident and which is “particularly burdensome for medium and medium-low wages”.

Pensions, after Quota 100, 31 billion remain for the pension

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Uil: “Quote 102 a mockery”

For the confederal secretary of the Uil, Domenico Proietti, quota 102 “is a joke because it will affect very few workers. At the conclusion of Quota 100, a more widespread flexibility of access to pension is needed around 62 years”. Proietti evaluates “positively the choice of the Government, formalized in the last Council of Ministers, to open a discussion with the trade unions to define a structural reform of the Fornero law”. Comparison that “must take place and end before the definition of the next Def”. As regards the existing pensions, he adds, “it is necessary to extend the fourteenth for pensions up to 1,500 euros”. There Uil it also evaluates “positively the expansion of the heavy categories protected by the Social Ape” and asks to “decrease the contribution years from 36 to 30 for some categories”, starting with construction and agricultural workers.

Istat: “Heavier inflation for the less well-off”

From Istat instead comes an analysis on the impact of the increase in prices for the different types of families. In particular, according to President Giancarlo Blangiardo, in the first ten months of 2021, inflation had a greater impact on less well-off families, penalized above all by energy and food. For households in the first class, those with lower spending power, inflation rose from 0.5% in the first quarter to 2.9% in the third quarter, to then reach 3.9% in October (seven tenths in more than the population as a whole). As regards the families of the last class (those with the highest equivalent level of expenditure), the rate in October was 2.7%.

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As for the fiscal chapter, the institute conducted a simulation trying to imagine the effects of a possible allocation of 8 billion on the tax wedge cut. In this case, there would be an increase in household income equal to 0.71% compared to the 2020 value (0.089% for each billion), and equal to 0.69% compared to 2019 (0.086% for each billion). If the resources were instead directed at lowering the tax levy on wages, “they would reduce the average tax burden on wages by 1.6% compared to the 2020 level (0.20% for every billion) and by 1.5% compared to to 2019 (0.19% for every billion) “.

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