Milan – And ‘ended just before the 15th meeting of the Council of Ministers which dealt with the Stability Law 2016, operating from 27 to 30 billion, with a rubber band which depends on the recognition of digits or less European headquarters of a slack of 0.2% of GDP (about EUR 3 billion), in the light of the emergency migrants. Most of that money, 17 billion, are used to sterilize the safeguards inherited from the past. President of the Budget Council has given the slogan “Italy with the sign ‘plus’”, during a press conference in the match with condolences for the victims of the events of the bad weather.
Presenting the text, Renzi He pointed out that “for the first time in Republican history with our government taxes go down” and cited the actions which the bonus from 80 €, cutting IMU and Tasi and interventions on corporate income tax and personal income tax already established or coming in coming years. “You write ‘Stability Law’, but to pronounce ‘law of trust’. Our destiny is not Brussels, New York, Beijing, is in our hands”, said the premier. Just on the respect of Community requirements: “There’s a part of us that believes that the European rules should be respected and a part that would apply with a little more imagination. Our choice of comply with European rules having made a gigantic work to change them. “
In his introduction, Renzi spoke of a cutting IRES , the tax on corporate profits, at 24 % next year. The advance of the original timetable, which provided for the cut from 2017, however, depends dall’ok EU exploitation margins on emergency migrants: “If there is this clause, we will be happy to use it for the corporate income tax and further action on ‘ school construction “. Speaking of “many good news” contained in the Budget, it announced the expected actions on the “minimum for VAT numbers , a sort of Jobs Act for the self-employed.” Economy Minister, Pier Carlo Padoan, said: “This move brings a considerable reduction of taxes, on the first house but also the company’s business: we cut down the taxes on the whole field.”
In detailing the text, the prime minister has returned to use the slides to explain interventions. Starting precisely from ‘ abolition of fees on the first home , and then announce an extraordinary intervention on the housing energy efficiency and construction. Thus confirmed the ‘ super-amortization ‘: companies investing in machinery can pay for 140% of their value. On the fourth point, Renzi has put the ‘Country simpler’ regarding measures on the cash (roof of use from 1,000 to 3,000 euro – POLL ), for consignments Iva and the self-employed. Under the name of ‘the most influential country’ ranging measures to strengthen international cooperation in Africa, below that of the ‘Country pià proud’ taking a thousand researchers and the introduction of 500 special chairs and as many “assumptions in the culture” . ‘S construction , confirmed to “eco-bonus and bonuses furniture and other measures confirmed and that’s another good news.”
The release of the money of Commons (675 million) in surplus, but frozen by the Stability Pact , it is another of the proposed interventions, with 450 million operation to “close the wound of the Land of Fire”; always looking to the South they were included funds for the Salerno-Reggio Calabria and appropriations for Ilva. Still, on the social side, 400 million for the civil service and, on that of ‘ agriculture , the abolition IMU agricultural and Irap (800 million). Also come into operation the financing of the Fund for concessions in agriculture insurance against natural disasters with 140 million euro and a budget of 45 million for the renewal of agricultural machinery. Confirmed the post in the floor of milk Minister Maurizio Martina for livestock farmers, with increasing VAT compensation from 8.8% to 10% for dairy farmers .
When it comes to fighting Poverty , with 600 million committed, Renzi announced measures particularly for children, with actions coordinated with municipalities, the third sector and banking foundations (social card). Even on the guesthouses confirmed the exclusion of flexibility in output itself, but enter the part-time, an increase in no-tax, and the woman the option to safeguard esodati. Half a billion is still about the trading second level, 300 million public contracts. Compared the eve confirms also the TV license in the electricity bill : in 2016 will be reduced from the current EUR 100 113,50 before falling to 95 € in 2017. The technicians are still working to definition of the standard. The most likely hypothesis is that the fee is spread over several installments with the bi-monthly electricity bills, thus not weigh too much on consumers and reduce the risk of default.
On Health it has been confirmed the endowment fund of 111 billion, compared with 113 expected. In the voice of the savings it should also cut promised by 8 thousand to one thousand participate . “The spending review will be what we expected, net of tax measures on the expenditure: about 5 billion,” said Renzi thus halving the goal compared to 10 billion announced in recent months. 1 billion is expected by the rules on games, the voluntary disclosure – the return of funds held illegally – expected business for 3.4 billion. The flexibility of the EU, it should be remembered, the maximum capacity is 16 to 17 billion with the increase in the deficit / GDP ratio to 2.4%. Close it is expected in the de-contribution for employers indefinitely (in 2015 covers up to 8 thousand euro of contributions: “By 31 December there will be cuts in their entirety, for employers in 2016 the relief is reduced by 40%” and then will shrink again.
The text will now go before Parliament and Brussels; Europe will have until the end of November to give the go ahead, but if you were to ask substantive changes (as happened in recent days for Spain) will be felt within a couple of weeks. Even the vice-president Valdis Dombrovskis has returned to be felt in reference to the announced abolition of the tax on the first house: the tax authorities, the European Commission confirmed the invitation to shift taxation from labor to consumption, property and capital, while “the action decided by the Italian government does not go in this direction we will have to discuss with the Italian authorities to find out why.” To him replied indirectly when Padoan stressed that cutting the tax authorities is “in the round”.
This will be the last Stability: next year will again abbinarsi, in fact, the law of balance that the abolition of the Financial traveling on parallel tracks.
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