The tax reform continues its path. The day after the majority table convened to the Ministry of Economy defined the structure that will change the taxes of Italians, the chairman of the Finance Committee of the Chamber, Luigi Marattin, announces for Wednesday, the start of work on the tax delegation in commission with a novelty. In fact, Marattin talks about the hypothesis of moving from the current 5 income brackets for personal income tax to a three-rate system, and not four as leaked so far.
“Let’s not waste time in these parts. On Wednesday the fiscal delegation – the second phase of the tax reform – begins its journey in the Finance Committee in the Chamber”, declared Luigi Marattin, questioned by phone. “That – continues the deputy from Italia viva – it will be the place where to evaluate the next steps on Irpef – three-rate system – and Irap – overrun for everyone, not just for individuals – as well as the other decisive aspects “including” corporate taxation, the reform of tax expenses, the reform of the methods of payment of taxes by the self-employed, the reordering of VAT“.
Among the issues under discussion in the context of fiscal delegation, explains Marattin, there are “decisive aspects” such as “to bring together tax legislation in simple and clear codes, corporate taxation, the rapprochement between the civil and fiscal budget “.” We will do it – affirms the president of the Finance Committee of the Chamber – with the method that we have been following for a year, and which is clearly giving results : a cooperative and merit-based approach, in which everyone can recognize themselves. We started a year ago surrounded by skepticism, now we are a bit ‘making our mouths’ to make a comprehensive tax reform that makes our system a little simpler and a little lighter “.
The political agreement reached on Thursday at the treasury will be confirmed by the parties in the beginning of next week. The main aspects are that the number of income tax brackets, Irpef, is reduced, especially favoring the middle class, while individual companies and the self-employed will no longer have to fill in the Irap quadrant, because the tax is abolished for them and for start-ups. The two interventions will cost seven billion and one billion respectively, or will remain within the budget allocated by the government in action.
If the parties have shown themselves satisfied so far, the social partners, on the other hand, have risen. Confindustria spoke of “choices without a vision of the future”, the CGIL awaits to be convened by the Government to discuss it, the Uil warns that intervening on rates does not help workers.
Source From: Ansa
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