Dl aid: Unc, good bonus, with VAT no risk effect prices

From 2020 34 billion mortgages granted by banks: + 9% (ANSA)

(ANSA) – ROME, JUL 24 – “Between the renewal of the bonus of 200 euros and a cut in VAT on the necessary goods, we believe, with the same allocation, the bonus is more useful, although both measures are going in the right direction. First of all, because the bonus can be allocated to the less affluent class, with an annual income of less than 35 thousand euros gross, while the VAT cut would affect everyone, even those who can do without this help, thus dispersing precious and scarce resources. “. Thus Massimiliano Dona president of the National Consumers Union.

“But the second reason – explains Dona – is that a cut limited to the necessary goods with VAT at 4% risks having a zero effect on the pockets of consumers. It is very likely, in fact, that traders, who are also in great difficulty for due to the increases in operating costs and expensive bills, they do not touch down their price lists in the face of such a low VAT reduction and prices that are instead exploding, not passing on the possible benefits of the government provision to their customers. In short, the VAT cut would only benefit them “.

“Finally, intervening on VAT even more massively, state accounts permitting, would be like dabbing a hemorrhage with one hand without giving the stitches needed to close the wound. Useful, it can also save life, but it does not heal from the disease” . (HANDLE).

Source: Ansa

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