With single check and personal income tax, less inequalities, even in the South

European Chips Act, 43 billion euros for digital independence (ANSA)

The reform of the personal income tax contained in the budget maneuver and the single allowance that will come into effect on March 1 have, taken as a whole, “a redistributive character in favor of the most vulnerable families and the most disadvantaged areas of the country”. It is the fulcrum of the analysis by the Finance Department of the Mef on the two big news that this year will affect the incomes of 22 million families. The greatest benefits will concern disadvantaged households with more children, while among the territorial areas, underlines the Ministry of Economy, it will be in the South that inequalities will be reduced more.
Less affluent families with children will receive the greatest benefit from the entry into force of the two reforms. According to the calculations of the Finance Department, 1.13 million households that are in the first tenth of equivalent income, those precisely most economically vulnerable, will in fact enjoy a benefit equal to 1,935 euros per year, with an incidence on the gross income of 11.6%, largely attributable to the single check. The benefits are gradually reduced for the nuclei of the following tenths, in practice the richest, down to about 500 euros.

Source: Ansa

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