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From August, Gualtieri: 'The focus is on work and development'

2020-08-09T09:37:27.272Z


Tax reform to reduce income tax, and accompany the recovery (ANSA) Not just bonuses. The heart of the Dl August has measures for work and development, such as the decontribution in the south - 'choice of historical significance' - and for the recruitment or resources on investments by local authorities. The Minister of Economy Roberto Gualtieri draws a balance sheet with Repubblica at the opening of the front page and makes it known that a tax reform is being wo...


 Not just bonuses. The heart of the Dl August has measures for work and development, such as the decontribution in the south - 'choice of historical significance' - and for the recruitment or resources on investments by local authorities. The Minister of Economy Roberto Gualtieri draws a balance sheet with Repubblica at the opening of the front page and makes it known that a tax reform is being worked on for a reduction in personal income tax: 'I appreciate the German model of progressivity with a continuous rate, but nothing has yet been decided '. The autumn? Accompany the recovery by continuing to support the economy, he explains.
    "To counter the heavy economic effects of Covid-19 with a strong countercyclical intervention in deficit - explains Gualtieri - is a right strategy, which we have defined in a shared way at European and international level. Without these interventions, the crisis would have had economic consequences and unsustainable social ones that would have compromised the possibility of a restart that is in progress ".
    "The very positive data of industrial production in May and June after the unprecedented decline in April due to the lockdown - notes the Minister of Economy - and some indicators for July show that a strong recovery in GDP is underway. Since the fall in the second quarter, estimated by Istat, ie 12.4%, was a little lower than our expectations, the rebound in the third quarter will probably be slightly lower than 15% but we think not far from that figure ".
    As for taxes, "the deadline of 20 July is behind us, but in the decree we have postponed the second November advance for Isa and lump-sum payments that have suffered losses to next April. As regards the tax reform we are working on a model that includes a reduction in personal income tax, which the government has already started this year, and the single allowance for children to be financed in part with a reform of harmful environmental deductions and subsidies and in part with the fight against tax evasion and which may be implemented gradually to ensure the balance of public finances.
    I - he adds - appreciate the German model of progressivity with a continuous rate but we have not yet decided on this ".
    "We want to eliminate the backwardness - he underlines -, the measures for the South go in this direction. The Recovery Plan will be all about innovation and energy transition". The minister also invites us not to let our guard down in view of the autumn, explaining that it was decided to finance another 18 weeks of covid cash and prolonged the liquidity measures "precisely to accompany the recovery phase without making the mistake of interrupting too much. soon action to support the economy ".

Source: ansa

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