The draft enabling law on tax reform will arrive on the table of the Council of Ministers next week. This was anticipated by the deputy minister of the Economy, Maurizio Leo, confirming the times foreseen by the government set for mid-March.
The main novelty is the desire to bring the personal income tax from four to three brackets of income, with a relative reduction in the corresponding rates. Last year, the executive led by Mario Draghi had already reduced brackets and rates from five to four . The Meloni government is now passing from four to three tax rates with the aim of reducing the general tax burden, but without compromising the balance of the accounts. "We will start a process of reducing the tax burden", assured Economy Minister Giancarlo Giorgetti, adding however that the reduction will be a "gradual process". In recent months, the study group on the reform, created at the Mef by Maurizio Leo, has developed various schemes for maintaining a three-rate system. "I think the conditions are there to arrive at a three-rate system, we are working on it with the Accounting Office," explained the deputy minister. To recover the lost revenue, a reduction in tax breaks, deductions and deductions will be used , which are equal to approximately 156 billion in lost revenue.
According to the Preliminary Report of the State Budget released today by the Mef, in 2022 Irpef brought 205.8 billion euros to the treasury. Of these, approximately 81 come from public sector employees and 85.6 from private sector employees. To get an idea of the proportions, total tax revenues in 2022 were 544.5 billion. The VAT, paid by final consumers, is worth 171.6 billion.
If the deadlines are respected, the tax reform bill should arrive in Parliament between the end of March and the beginning of April.
(Unioneonline/F)
