ROMA (ITALPRESS) – “The most important quantitative covers derive from the initiation of several taxation schemes to the financial intermediaries and insurance companies (4.1 billion in 2026 and 2027, 1.8 in 2028) and the reprogramming of the PNRR (5.1 billion in 2026, 0.7 in 2027 and 0.4 in 2028).“. So Fabrizio Balassone, Vice-Chairman Department of Economics and Statistics of the Bank of Italy, in audition at the Joint Committees Budget of Senate and Chamber.
“It can be estimated that overall measures do not involve significant variations in inequality in the distribution of disposable income equivalent between households. The reduction of the Irpef rate for the second income tax favours the nuclei of the two highest fifths of the distribution, but with a modest percentage change of the available income. The effects of the main social assistance interventions focus on the first two-fifths of families and are also modest,” added Balassone.
“The tax evasion, as we know, damages growth and produces iniquities, adversely affecting honest businesses and citizens. The maneuver opens up a new ‘hijacking’: a tool that in the past did not increase the effectiveness in the recovery of jets. At the same time, it includes measures that are continuously implemented with those that have allowed, even through the increasing use of advanced technologies, the reduction of evasion in recent years.”.
“The revisions of the ISEE should be carried out with patience, without distorting the measuring function; However, similar results can be achieved by changing the thresholds that define access or the amount of individual benefits. The purpose of the ISEE is to seize the state of need of families taking into account not only income but also heritage, on the basis of the completely reasonable hypothesis that the latter constitutes an important protection on which to count in adverse situations, as well as more generally a determining the living conditions of a family. Increasing the franchise for the first home gives less weight to the advantage that it has, at equal income, those who own the residence than those who are for rent,” he adds.
“The repercussions of interventions on the balance sheet of the brokers complex appear to be contained. The Italian banking system is in the solid, well-funded and today one of the most profitable in Europe. Credit risks remain limited, thanks also to the good financial conditions of enterprises. In general, it would be appropriate to avoid the frequent repeat of unexpected changes of taxation,” Balassone continues.
“The ability of new rules to speed up renewals appears limited: about 40% of private employees are covered by agreements signed before 2025 with maturity after 31 December 2026 (including those of trade and tourism, sectors which have experienced a particularly marked erosion of purchasing power). The main national collective agreements which will benefit from the measure mainly concern areas where renewal negotiations are already initiated or historically renew with modest delays. There is also uncertainty about how the measure is actually implemented in relation to the definition of a reduced rate pay increase, the scope of the beneficiary’s audience and the actual access arrangements,” he concluded.
-Photo IPA Agency-
(ITALPRESS).
