(ANSA) - ROME, OCTOBER 20 - "Italy has the fifth highest tax wedge in the OECD and this does not encourage work, a reform is important". This was said in a hearing, envious conference, to the Budget Commission of the Senate and representatives of the OECD about the 2021 Economic Report on Italy. In Italy, dependent work "represents 57% of the active population compared to 67% of the rest of the OECD" so a "permanent reduction of the tax wedge would be important, especially for women", underlined the representatives of the OECD. "The government's plans to ensure a global tax reform will certainly strengthen growth, reduce complexity by increasing compliance and improving equity and all this without increasing taxation."they added.
The OECD delegation also pointed out that "Italy spends much more on pensions and debt services than other OECD countries and this penalizes young people and future growth prospects".
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