Wednesday, November 4, 2015

Stability Law, Padoan: Debt reversed course, falls after 8 years – Il Sole 24 Ore

History Article

Close

This entry was posted on November 4, 2015 at 9:22.
The last change is the November 4, 2015 at 17:26.

“The return to growth for giving reversed the trajectory of the debt. After eight years of uninterrupted increase in the ratio of government debt to GDP will decline from 2016 and is expected to continue to fall in subsequent years. ” The Minister of Economy Pier Carlo Padoan, in the Senate hearing on the maneuver. “Between November and December will be signed fifteen agreements for the South that will help create the framework of support to the points of strength and vitality of the economic south,” says Padoan. Overall, the fiscal package has measures to 28.7 billion in the first year, 32.4 in 2017 and 30.3 in 2018. “They will support the recovery, the composition and the range of remedies through the significant reduction of the tax burden on families and businesses, the stimulus to private investment, the release of resources for public investment. ” According to the minister the available evidence “suggests that the strategy so far has produced tangible results” from consumption to GDP until the occupation, which has “significantly increased”. Several indicators suggest “a positive trend of the economy in the third quarter.” And “it is obvious” the signals on the job, “reflecting the improvement of the cycle due to the increased market adaptability.”

An error evaluate individual measures
So the actions planned in the operation “should be evaluated as a whole; It is an error of perspective when restricting the individual measures without regard to the comprehensive framework. ” The minister, illustrating the maneuver in the Budget, citing tax cuts introduced in 2014 for families, continued in 2015 on IRAP and that, after cutting the Tasi on first homes, “will continue in 2016 and in 2017 with the corporate taxation and on individuals. “

Crucial not weaken structure reform pensions
“There is power limited reform of the pension system that has made him one of the most stable and sustainable Europe ; It is’ crucial, however, that even in perspective does not substantially weakened the structure. ” It is the passage on intervention to protect older workers close to retirement introduced in the bill stability.

From spending 7.3 billion in 2016, 8.4 in 2017 and 10.3 in 2018
Overall, the measures related to the spending review amounted to 7.3 billion in 2016, 8.4 in 2017 and 10.3 in 2018. These numbers offered by the Minister of Economy for a hearing in the Senate. “The resources from the spending review apply to all levels of government and have been intended primarily to cover the reduction in the tax burden on families and businesses.”

Commitment against evasion, also beyond the borders
There is “the government’s commitment in the fight against tax evasion,” “a central role in the strategy,” the executive that “has extended beyond national borders.” At the same time the minister noted that today “the tax administration plays a new offering in the presence of anomalous data comparison with the taxpayer” before proceeding with the sanctions.

Permalink

LikeTweet

No comments:

Post a Comment