Time is running out and MPs’ budget work is entering an important week. The main “adjustments” come from the Chamber Budget Commission, which meets to review the text of the Budget Law. Following the majority summit held yesterday evening, attended by Prime Minister Giorgia Meloni, vice presidents Antonio Tajani and Noi Moderati leader Matteo Salvini, Minister of Economy Maurizio Lupi, Minister of Economy Giancarlo Giorgetti and Deputy Giancarlo Giorgetti, Minister Maurizio Leo examined some of the changes reported in today’s meeting and included the first 16 articles. expressed his opinion about it.
Maneuver, extended flat tax coming
About fifteen amendments were set aside or withdrawn; These are the texts put forward by the majority forces at yesterday’s summit. Among the approved innovations, we also see the expanded flat tax: Self-employed workers will also benefit from a 15% flat tax up to 35 thousand euros, while the ceiling will be increased by 5 thousand euros compared to the current 30 thousand euros. However, another amendment submitted by the League on the issue, which envisaged increasing the threshold from 30 thousand euros to 50 thousand euros, was also rejected.
Skip the Irpef cut
Among the issues not approved is the amendment proposed by Forza Italia to reduce the rate of the second Irpef group, which concerns the middle class, to 33%. The measure is in a sense “frozen”, with the possibility of implementation at a later time after the consolidation of public accounts. The decision was confirmed by Raffaele Nevi, Forza Italia’s national spokesperson and deputy group leader at the Chamber: “Yes, it has been postponed as we have decided to make funds available as requested by Forza Italia due to the economic situation. Economic growth for businesses through the reduction of IRES It will not happen and it will not be possible to take action at all, unfortunately since January there are no resources to initiate the reduction of Irpef even for the middle class. However, everything can be done next year without waiting for 2026 with the next budget. “It will depend on how the tax agreement, which expires next Thursday, will work and how Irpef’s tax revenues will increase from 35 to 33 percent annually, as soon as possible.” Among the “missed” changes, we also see Fratelli d’Italia’s amendment, which provides for 950 euros for each child up to the age of 21.
Green light for IRES awards
The IRES bonus is also suitable for companies: those who hire on a permanent basis or invest in machinery will receive a discount on the basic rate of 24% of their profits. Funds still need to be found, but the basic idea is a 4% IRES cut which would reduce the tax from 24% to 20%. According to the league, there will be $400 million that can be recovered from “banks and insurance companies” with a 4-point discount, of which IRES is 20%. The bulk of the coverage for the maneuver currently comes from banks and insurance companies; 6 billion dollars will be paid in the next two years, 4 billion of which will be paid by credit institutions.
Other news
Among other innovations we find exemption from the partial layoff ban for police forces and local authorities and tax exemption for overtime (5%) for nurses and trainees. The second measure was well received by Nursind’s national secretary, Andrea Bottega: “This is a good sign of interest for nurses. Even though we have demanded to reduce the tax on the work of shift workers, who are the most stressed, in fact this percentage of escape from the profession, on overtime If the flat tax of 5 was approved in the budget, it would still mean bringing the serious problem of staff shortages to the table of institutions. The size can be solved with a single solution tax reduction, but at least all nurses who work 24 hours a day and therefore often work overtime. We underline that their work will be financially recognised”.
Source: Today IT
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.
