Padoan “Cutting taxes is good.” Stability in tax law for the South – Il Sole 24 Ore

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This article was published on Aug. 26, 2015 at 24:16.
The last change is the August 26, 2015 at 14:34.

The cuts to tax IMU and Tasi just announced by the Prime Minister? They are ‘placed in a broad context, “and this is” the effort that the government is following. ” The framework includes the next Law of Stability, for which tax benefits are being considered for the South “respecting budget constraints and the framework for state aid.” The Rimini Meeting, Economy Minister Pier Carlo Padoan ago game side with the Prime Minister, yesterday applauded by the people of CL. It confirms the strategy of de-taxation of government: “Breaking down the fees is good, has a positive effect on those who benefit from this if believes that the killing is permanent.”

Targeted Solutions needs of the South
Anticipating the moves of the Chigi Palace to the South, after the dramatic setbacks recorded by SVIMEZ, Padoan admitted that in the South the theme of recovery and restart “is a more acute problem,” but Also excluded ‘policies different than the rest of the country. ” What is needed it is “a more finalized implementation, most sewn on to the specific realities of the South.” So more attention to investment, improving the implementation of those infrastructure, and an extra effort to “calibrate” significant reforms such as the school and the Pa ‘specifications southern reality. ”

Spending review because tax cut is credible
The tax cut, those on real estate in particular, is therefore one of the government’s priorities for 2016. Responding to questions Bernhard Scholz, President Companionship of Works, the Minister stressed however the importance of how the promise will be kept. This move “must be made in order to convince that the cut is permanent, then you have to go from a reduction of spending.” And here comes the credibility: “The slaughter policy must go hand in hand with a credible policy of spending review.” And then: what taxes break down? Padoan reiterated the sequence chosen by the government, with the initial reduction of taxes on low and middle income households (see the 80 euro), then taxes on labor, “see Irap and recruitment incentives, because they help companies to hire more is key to restart the country. ” Then, the new measures to support businesses and families with low incomes, also passing by the tax cut on home. All this in a perspective of five years.

Reforms precondition for growth
Central, the intervention of the minister, the emphasis on the overall strategy of economic policy for the growth pursued by the government Renzi, in which the reduction in the tax burden is just one piece. No then confined to a debate on the abolition of IMU and Tasi, because “the issue of fees must be placed in a broader context.” The pillars of the growth policy of the government are in fact “the structural reform agenda, great because these reforms must address the structural problems that have accumulated over time: work, civil justice, Pa, school.” The second chapter is that of public finance, followed by chapter investments, both public and private, “the soul and engine of growth” that take place “in a supportive environment made possible by the reforms.”

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