It is a politically courageous measure, going against its electorate, that the government of Giogia Meloni has just adopted, even bolder than Mario Draghi who, for lack of political support, was content with half measures .
The Minister of Finance, Giancarlo Giorgetti, has put an end to a tax scandal which, for two years, has weighed heavily on Italian public finances, and is straining its room for manoeuvre.
To understand the case, you have to go back to its beginnings, in 2016. To help the renovation of the buildings, the Renzi and then Conte governments had created a generous mechanism which allowed the discount of work invoices, and their financing by the granting of tax credits, at the beginning of 50% to 90% of the amount of the work.
Via a mechanism for the transfer of tax credits,
even non-taxable households were able to quickly access the system.
In 2020, the Conte government increased the tax rebate to 110% of the amount of the work, a “superbonus”.
Read alsoItaly: gigantic construction fraud
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