The dream of the red light on the left. A recipe for terror to destroy what remains of the Italian productive bourgeoisie, a social class that has always been detested by Carlo Marx’s grandchildren. The sick desire to massacre those who, after years of sacrifice, managed to save some money or buy a small apartment to earn income. Transfer the tax burden from work to wealth, reduce pensions for those who earn more, consolidate public accounts, paying special attention to debt. These are some of the recommendations that the OECD, an organization for economic cooperation and development, sent to Italy in the latest report dedicated to our country. “Shifting taxation from labor to inheritances and real estate would make the tax mix more growth-friendly while allowing revenues to increase. It is also necessary to firmly combat tax evasion.”
And after houses and inheritances, the social security system couldn’t miss an ax blow. “By reducing the generosity of pensions for higher-income families, spending growth could also be limited, while maintaining adequate public services and social protection. There is also a need to phase out early retirement schemes.” Obviously it was unthinkable not to address one of the favorite themes of austerity fans. “Given the strong fiscal pressures on the horizon, fiscal and expenditure reforms are needed to help put debt on a more prudent trajectory. In the absence of policy changes, the debt-to-GDP ratio will increase. It is appropriate to return the debt-to-GDP ratio to a more prudent trajectory, bear future costs and respect European fiscal rules; lasting budgetary adjustment will be necessary.”
The Paris-based organization also charted the present and raised hypotheses about the immediate future of our country. “Economic activity has weathered recent crises well, but growth is currently slowing in a context of more restrictive financial conditions. Given the high level of public debt, it is necessary to consolidate public finances.” Ideas and assessments that cheered the left, ready to transform into ultra curves when it comes to defeating the Italians. «The solution is to tax large assets and work on specific tax reforms to reduce public debt and stabilize our economy. It is necessary to act immediately through a solidarity contribution and fair taxation of large assets – highlighted the deputy of the Green and Left Alliance, Angelo Bonelli -. Only in this way is it possible to guarantee sustainable and inclusive development without cuts in public expenditure, such as public health, schools and research, transport and social services. Support an ecological transition that is socially desirable and sustainable.” Fratelli d’Italia deputy Ylenja Lucaselli’s response is ready. «Yet another suggestion comes from the OECD to increase property taxes on Italians. An initiative that the center -right wing does not accept and will not accept. For the Meloni government, the private savings of Italians, generated by years of sacrifice, are a value to defend and not a fiscal target”.
Source: IL Tempo
Emma Fitzgerald is an accomplished political journalist and author at The Nation View. With a background in political science and international relations, she has a deep understanding of the political landscape and the forces that shape it.
