The 2024 deficit maneuver was approved in a photo finish, due to many critical issues that have emerged in recent weeks, but in any case in time to avoid the ad hoc exercise. With the green light from the Parliament, the maneuver became law: There were 200 yes votes, 112 no votes and 3 abstentions.
Extra money in Italians’ pockets in 2024
Half of the resources will be transferred to payroll for the first part of the Irpef reform, with a tax cut (but only for one year) and a three-rate reduction. As the GNAT Budget Office said, it is a maneuver based on a “short-term perspective”, but let’s see what the basic measures are, besides wedge and Irpef.
Retirement: What will change in 2024?
The Fornero system for pensions in 2024 leaves up to 103 Quotas (62 years of age and 41 contributions), but the allowance must be recalculated entirely based on contributions and penalties until reaching age 67. Age requirements are increasing for Ape (63 years 5 months) and Women’s Option (61 years).
The pension cut situation has been resolved as doctors can continue working until age 70. For those retiring early next year, the deduction is reduced by one-36th for each additional month on the job, until it reaches zero after three more years of employment.
Pension cuts for more than 700 thousand public employees were also eased over the next two decades. There will be no reduction in the benefits of those who meet the early retirement conditions until December 31, and the same applies to those who will retire at the age of 67 as of 2024. Deduction confirmed for those who choose to retire early.
Salvini’s bridge, mortgage and short-term rental news
Salvini obtained $11.6 billion to finance the construction of the bridge over the Bosphorus; 2.3 billion of which were “stolen” from the Development and Cohesion Fund for the bridge over the Strait of Messina, which has caused outrage in the last few days from the presidents of Calabria and Sicily.
Also news about mortgages and short-term (less than one month) rentals. The government has expanded the scope of priority issues in access to credit to provide mortgages for the purchase of a first home. Large families who will use a mortgage to buy their first home, families with three or more children under the age of 21 and whose ISEE is between 40 and 50 thousand euros will be guaranteed. The guarantee will increase according to the number of children.
The dry tax rate for short-term rental properties increases from 21 percent to 26 percent. The increase will start with second homes.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
