The Government has triggered the green light for the Dpb, the Budget Planning Document (Dpb). The document outlines the framework of the maneuver, which will be approved by the executive in the next few days, or over the weekend or next. The document is sent to the European Commission by October 15 of each year (a note from Palazzo Chigi explained that it is “being sent to the European authorities and the Italian Parliament”).
In the Dpb, the countries of the euro area illustrate their draft financial statements for the following year to Europe in a synthetic and standardized form (with tables). to the 2021 Economics and Finance Document) and quantifies the measures included in the budget maneuver. Here are some numbers that will characterize the 2022 maneuver.
Eight billion for tax cuts
Among the guiding principles in view of the first tax cut that will come with the maneuver, as an advance of the overall tax reform, is that of reaching the middle class and avoiding families penalized with the arrival of the new single allowance, which will be parameterized to the ISEE and no longer to income. There are eight billion on the table, two more than the last structural intervention which increased the Irpef bonus, taking it from 80 to 100 euros, and expanded the audience up to 40 thousand euros in income. This time we should focus on the famous third bracket, taxpayers who reach up to 55 thousand euros in income and currently discount a rate of 38%. The new scheme to reduce the tax burden has not yet been established but the intention would be to allocate the resources in the Budget Law and write the rules at the same time, while in the past it was preferred to set up ad hoc funds and then implement the measures with subsequent measures. The goal, however, would be to trigger the news as early as January, or in any case as soon as possible, so the detail should be written directly in the articulation of the maneuver, even if it will not be easy to find not only the political summary but also the technical mechanism for reduce the tax burden.
About a billion more in income, 8.8 billion in 2022
With the Budget law, an additional funding for the Citizenship Income of about 1 billion should arrive for 2022. This is what has been learned from various government sources, while the Council of Ministers that would have approved the Dpb was underway. In total, between the allocation already foreseen when fully operational and new funds, approximately 8.8 billion should be available for the benefit, the same figure as this year, when the funds have been increased several times to cope with the greater draw. of the measure causes pandemic.
Fund of one billion against expensive bills
A fund of one billion euros against the rise in bills, closely linked to the costs of the transition. According to what has been learned during the current CDM, an ad hoc fund to counter the price increases would have been foreseen by the government in the budget law. The fund will be used with a decree to be implemented by the end of the year to counteract the increases. However, the press release published by Palazzo Chigi at the end of the Council of Ministers which gave the green light to the Dpb does not mention the measure.