Taxation, Leo: forward with IRPEF rate cut for the middle class, also with tax on multinationals

Cut the Irpef rates for the middle class, also recovering resources from the tax on multinationals. This is the strategy outlined by Deputy Minister of Economy and Finance Maurizio Leo. Speaking to Sky Tg24, he explained that "our objective is to continue along the path of revising the Irpef rates", confirming the measures for low incomes and "intervening in favour of the middle class". 'Compatibly with resources,' he added, the government aims to intervene on incomes up to around EUR 50,000-60,000. The confirmation of the three rates is essentially covered with the elimination of the Ace tax, he explained, stressing that a further step forward can be taken if tax revenues show a positive trend, also thanks to the arrangement with creditors. 'A contribution,' Leo said, 'could come from Pillar 2, that is, from taxation on multinationals.

Leo returned to the subject of the redditometer. "The green-yellow government, with Minister Tria and Deputy Minister Garavaglia,' he recalled, 'conveniently got rid of the redditometer as we knew it, and said we must introduce another tool by listening to Istat, consumers, and the Privacy Guarantor. After discussions that went on for many years, a measure came out that is different from the redditometer. That is why I said let's no longer call it redditometer but synthetic assessment 2.0. We,' he added, 'have to hit the big evaders, we are dealing with subjects who are not entrepreneurs or self-employed workers but subjects who take important resources away from the tax authorities. This is the objective that we want to pursue in consultation with the majority forces'.

Finally, a passage on public accounts, regarding the increase in revenue in the first four months of 2024. "Limiting the damage of the superbonus is a big word, it stands at over 200bn," Leo explained, however, "the revenue figures that have yet to be finalised are encouraging because there have been elements that have brought additional revenue to the state coffers, such as the revisiting of the citizenship income mechanism, I hope that these aspects will be consolidated to give a breath of fresh air for the next appointments."