"The model envisaged by the fiscal delegation as a point of arrival - a single rate system together with a reduction in the tax burden - could be unrealistic for a country with a large welfare system" This was stated by the Head of the Tax Assistance and Advisory Service of the Bank of Italy Giacomo Ricotti in a hearing before the Finance Committee of the Chamber. "In any case the redistributive effects will be carefully evaluated", Ricotti said.
Pending the introduction of the flat tax, the extension of replacement regimes could reduce the fairness of the system, he added.