The budget law postpones the tax knot: the destination of the eight billion a year from 2022 for the cut in income tax and Irap will be decided in the parliamentary process. The positions of the majority parties on the issue are divergent and there was no time for an agreement. Now the confrontation moves to Parliament. The starting positions are these: on the one hand the Democratic Party (and Leu) are pushing for an intervention on low incomes; the M5s asks to act on average incomes; the center-right in the government (Forza Italia and Lega) and Italia viva also want action on the business side, starting with a cut in IRAP. It will be up to the Government to find a summary to be translated into an amendment to the maneuver.
The Democratic Party: “More money in paychecks”
For the Democratic Party, the 8 billion tax cuts should be used to cut the tax wedge and to intervene on the income tax. «The big priority is to reduce labor taxes to push open-ended contracts. And also helping people to have more money on their paychecks, ”said Democratic Secretary Enrico Letta. The economic manager of the party Antonio Misiani explained that the Democrats aim to protect above all families and workers with medium-low incomes, “also because they are the most threatened by inflation”. Hence the proposal to intervene on the personal income tax for these income brackets and “on the tax wedge to make paychecks heavier”. As far as businesses are concerned, the Democratic Party is thinking of canceling the Cuaf contribution, that is to say the contribution for family allowances which “today is borne by businesses”.
M5S: intervention on average incomes
“An intervention on Irpef to help average incomes” the priority indicated by the M5s for the use of the 8 billion euros for the tax cut in the maneuver. The position was expressed by the senator of the 5 Star Movement Daniele Pesco, president of the Budget Commission of Palazzo Madama. “On the Irpef, if it is not possible to intervene on the rates, a redistribution will be necessary. And we must also have an eye for the lowest incomes – underlines Pesco -. And then a lot must be done for the self-employed: we need to understand if the 65 thousand euro threshold for the flat rate is to be reviewed, because it is too penalizing. Many have difficulty in exceeding 65 thousand euros, so we must find a system to make them grow freely. ”And for businesses? “A series of fiscal interventions must be made,” the senator explained, “and Irap must start with at least a reduction. And anyway – concludes Pesco – this is a beginning, because then there is the fiscal delegation ».
Salvini: attention to self-employment, Irap cut
“If you look at the world that has suffered the most, it is self-employment: so I am thinking of Irap cuts, raising the flat tax roof” is the position expressed by Matteo Salvini. The leader of the League in recent days had made it known that he was working “on the flat tax front, self-employed and VAT numbers and we are trying to convince the government allies that November 30 cannot be a hell of a day because deadlines accumulate and in our opinion it is wrong ask for a 50% tax down payment on what you may earn in 2022.
“The League – said the party’s Economics Manager, Alberto Bagnai – wants what it has always said, that is, interventions of rationalization on Irpef, but at this stage the problem to be addressed in the Budget Law is to prevent companies from finding themselves in liquidity crisis on the occasion of tax deadlines; I am thinking of the deadline of October 30 for the tax bills, for which it is necessary to think of a scrapping quater “which requires a decree on the aspect of postponing the deadline, and of the resources to be included in the Budget Law”.