(ANSA) - ROME, MAY 18 - "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, especially in light of public finance constraints". 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 according to which "in any case the redistributive effects will be carefully evaluated".
Pending the introduction of the flat tax, the extension of replacement regimes could reduce the fairness of the system."
(ANSA).
Bankitalia, 'unrealistic flat tax in a country with welfare'
2023-05-18T10:38:52.253Z
Highlights: "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.
"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, especially in light of the constraints ... (ANSA)