Padoan: Stability Law in the next tax rebates to companies – BBC

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Milan , Sept. 7, 2015 – 24:22

     
     
 

FROM ONE OF OUR POSTED AT CERNOBBIO
“It is not only the tax on the home that is attacked . Stability in the next law we are considering extending a further reduction of taxation in favor of the competitiveness of enterprise. ” Economy Minister, Pier Carlo Padoan, anticipating the audience of entrepreneurs and financiers of Ambrosetti workshop a key point of the next law, claiming it is the choice to cut the property tax is the new intervention on businesses.

Padoan can promise action to reduce taxes because “the Italian public finances is on the path of recovery, the measures are effective policy mix as recognized also the G20. We are emerging from a recession with better conditions of the past, “thanks to the Jobs Act and also institutional reforms,” ​​it is not true that do not count. ” Now the tax cut: a comprehensive strategy in which “it would be strange if there were not the elimination of the tax on the first house that covers 80% of Italian citizens.” And the director of the Revenue Rossella Orlandi said that the return of capital are “already 10 thousand requests of voluntary disclosure.” They were just a thousand in May. For the fight against tax evasion “we have millions of data that until a few months ago were secrets.”

The recovery is well-established: the target of 0.7% of GDP in fact be met and in 2016 the debt “will come down.” But the country is traveling at two speeds. Hence the need to address “seriously” the “historical divergence” between North and South, explains Padoan in the morning to CNBC “There is specific emphasis on public investment in infrastructure for the South of which there is great need. And possibly, on tax relief measures for the South, provided they are consistent with the EU rules. ”

The dialogue with Brussels is essential: you can not risk that the measures under consideration, as for example, the hypothetical interventions sull’Ires, are rejected during construction as “state aid”. Already a key player for the resumption as the bad bank has clashed with the EU rules, being shelved. Padoan is now “the final stages” with Brussels on a different measure: a state system of indirect guarantees to restart the market for non-performing loans. “Experience tells us that after a crisis emerges who quickly put in place before the financial system,” says Padoan reminiscent of public interventions in favor of institutions of Germany, the US and Spain, which have used European funds and resorted deficit, but two roads that Italy can not beat: “Maybe there was realized too late, he had to do something first.”

To Labour Minister, Giuliano Poletti, “the company was considered too often the place of exploitation, so we have contracts in which it has never considered the relationship between the worker and the work of his work. ” While Education Minister Stefania Giannini, wants to develop in schools’ education to self-entrepreneurship to expand the principle of individual responsibility of choices . ”

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7 September 2015 (modified September 7, 2015 | 24:24)

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