Bank of Italy and the Court of Auditors pointing fingers nature only temporary shell maneuver. And ‘clash between the government and meanwhile regions.
The reduction in taxes provided for in the law of stability “is funded in part by reductions in expenditure; have provided more revenue, largely resulting from the voluntary disclosure, “says Bank of Italy, highlighting that the revenue from the return of capital from the games that have nature ‘temporary’.
The measures that reduce the tax burden factors of production “appear better able than tax reductions on capital, to raise growth in the medium term,” says the general manager of the central, Luigi Signorini, in Senate hearing on the law of stability.
“The abolition of taxation on the property, from the macroeconomic point of view, on the basis of empirical evidence available so far, could have effects limited to households subject to liquidity constraints,” added the general manager of Bank of Italy.
“A limit on the transfer of cash, too low, should be maintained. Moreover, the existence of macroeconomic effects of the consumption threshold is not supported by clear empirical evidence, “continues the Bank of Italy. It is “advisable to keep a stricter regime for activities more exposed to contamination, such as money transfer.”
“limits the use of cash are not obviously – said the deputy director general of the Bank ‘ Italy – an absolute ground for realization of illegal conduct, especially for large recycling, but introduce an element of difficulty and social control that can hinder minor forms of crime and evasion. The existence of a threshold discourages generally too wide a circulation of banknotes, such as to supply raw material to illicit transactions. “
There is, however, explained Signorini” to my knowledge an individual basis or empirical enough to specify the optimal value. ” “From the point of view of mere tracking of transactions, as the threshold is lower the better, but there are practical limits to consider. There are factors to rule out a priori the possibility of raising the general limit from one thousand to three thousand euro; agree, if Parliament decides to go in this direction, monitor the results over time. “
The law of Stability using” maximum spaces flexibility “in deficit” explicitly reduces the margins of protection accounts public “and” leaves unresolved the background (clauses, public contracts, pensions) and important issues “such as the reorganization of the financing of local authorities, supports the Court of Auditors criticism that the operation launched by the government.
The law of Stability ‘reflects the temporary nature of some roofs and the persistence of safeguard clauses postponed to the future “that will require” substantial budget cuts or revenue increases, “from 2017, says the president of the Court of Auditors Raffaele Squitieri a hearing in the Senate on the law of stability.
Between 2016 and 2018 the contribution of the local government’s fiscal targets “is particularly relevant,” notes ancorala Audit Court noting that the fiscal adjustment will “to weigh mainly on local administrations, thereby impairing the quality of services.”
The cut of Tasi “crystallizes” the fiscal capacity of municipalities, benefiting those who have raised the maximum rates and penalizing municipalities where Tasi was the least expensive, still senses the Court of Auditors. ‘Services indivisible expenditure over non-residents “not able” to operate the political control on administrators with the vote. “
‘ clash meanwhile between regions and government on the law of stability. The 17 billion cuts planned from 2017mettono at risk, according to Sergio Chiamparino, the very survival of local authorities and the lack of growth of health care spending in 2016 could increase the ticket and affect the distribution of life-saving drugs. A cry of alarm that the Premer Matteo Renzi seizes, accepting the request to meet the match from the regional system, but now, hints at the prime minister, will have to deal directly with him.
The president’s comment the convening of the Council scheduled for Wednesday in fact promises sparks. “Now we have fun, seriously,” he told the Prime Minister to his. From what leaked, Renzi does not seem in any way willing to change the setting of the maneuver: “On health care there is more money in the past,” he reiterated, defending the mantra of this stability law “Taxes must come down” and Regions will not be authorized to raise taxes. “Rather eliminate waste,” he argued.
“I do not think that the present proposal needs to be a subversive. Or the figures that we carry are proven false, and since no one has done so far, there is no doubt that an answer must be given to the regions. No challenge or arm wrestling, only the will of the Regions to give answers to the citizens, “says the outgoing president of Regions Sergio Chiamparino.
” It is clear – he underlined Chiamparino speaking today in the regional council Piedmont – that if political negotiations will start, this will decide where to stop the bar. If, as I hope, there will be a meeting with the government tomorrow, or at least until Thursday, when the Conference of the Regions will have to give an opinion on the Stability Law, will be helpful to understand if health and many years you can give birth to two groups Work to evaluate our demands. “
The war is also about numbers. The Secretary to the Prime, Claudio De Vincenti explains that the “National Health Fund in 2016 increased by one billion and that the Stability Law supports the Regions, on the non-health, with an additional one billion and 300 million.”
But the reading of Chiamparino is totally different. In 2016 the regions, explained Chiamparino in Parliament, they have to contend with two billion less than expected for health and another 2.2 billion in cuts extrasanità inherited by the maneuvers of the past. The latter figure is only partly covered by appropriations for 1.3 billion provided by the stability, so that leaves a “hole” of 900 million.
The fund – it is true – will increase by 1 billion over the Last year, as confirmed by Renzi, but 800 million will be allocated to the new Lea, while the regions will have to cope even with renewal of contracts (300 million), down vaccinations (300 million), patients receiving a transfusion (170 million) and life-saving medicines as those for hepatitis C (500 million). It is missing then another billion. “If you do not change this data – says the outgoing president of the Conference of Regions – will mean that there will be someone on innovative medicines to which we must say no, but this is a huge responsibility.”
The tone is calm but the challenge is: “If you think health care can work better with a centralized system we are ready to face the challenge, provided it is done in a surreptitious and creeping.”
The criticism does not the rest are isolated. In front of the Parliament the social partners have revived many of their doubts. From Susanna Camusso, that the maneuver “favors those who have more,” by owners estate tax evaders, and worsens the conditions of those who are already in poor conditions, from retirees to young unemployed. Cisl and Uil on the same line complaining about the cuts to Caf and patronage, which was essential because of the least protected citizens, while the president of Confindustria, Giorgio Squinzi, while endorsing the overall structure of the law, points out “conspicuously absent” of 2016: South, research and innovation.
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