«On the cadastre later on of France and Germany»- Corriere.it

We will take Brussels’ recommendations into account, but our policies are already in line with the document of the EU commission. The fiscal policy is prudent and we are growing more than other European countries, they say informally at Palazzo Chigi. Some of the recommendations of the EU are recurring, such as that of adjusting the cadastre to market values. Something that centre-left governments have failed to do and that this government does not want to do. But this recommendation should be addressed to many other countries, including France and Germany, where the cadastral values ​​are older than ours and date back to the 1960s and 1970s, replies the Deputy Minister of Economy, Maurizio Leo. Other findings of the commission instead concern the actions of this government, such as those on the Pnrr and on the tax reform. And then there is the warning on compliance with budgetary constraints and on the risk of launching the infringement procedure for excessive deficit in 2024. But the game is still to be played, they observe at Palazzo Chigi, because the discussion on the reform of the Pact of European stability, i.e. the rules with which to judge the budgets of individual states, still in progress and, in any case, the possible launch of a procedure would not only concern Italy, but various countries in Europe, given that they are currently as many as 14 those who do not respect the rule of a deficit not exceeding 3% of GDP while the criterion of debt reduction is not respected, as well as by Italy, France and Finland.

The Pnrr node

On the National Recovery and Resilience Plan, where growing difficulties are emerging, the Ministry of European Affairs led by Raffaele Fitto intervened yesterday evening with a note to argue that the positions of Brussels, of great concern for the delays in the implementation of the Slowly, they are in line with the vision and priorities of the Meloni government, and with the work that is being carried out. On the RePowerEU chapter to be added to the Pnrr, as emerges from a non-superficial reading of the report – says the ministry – the progress of the positive interlocution with the commission is confirmed pending the formalization of the same. Furthermore, to date only four Member States have submitted the RePowerEU proposal. And the governance reform, underlines Fitto, allows for a clear strengthening of the administrative capacity in order to accelerate the implementation of the Plan within the foreseen times. The fact remains that Brussels has not yet given the go-ahead for the payment of the third installment of 19 billion to Italy relating to compliance with the Pnrr objectives set for the second half of 2022, while Fitto himself admitted that it will not be possible to hit all the targets expected from 2023 to 2026 and for this reason our country is engaged in difficult negotiations with Brussels to modify the Plan. Fitto has asked all ministers to present the revision proposals by today.

Less labor taxes

On the tax reform, Leo underlines that the EU commission asks to implement the tax reform and our draft law does just that. The deputy minister assures that compliance with the principle of progressive taxation will be guaranteed: First of all, our reform will start with reducing the Irpef rates from four to three and then, at the end of the legislature, if there are the resources, we will implement the flat tax. But even in this case progressivity will be maintained thanks to the no tax area and the system of deductions and deductions. According to Leo, the recommendation to reduce taxes on work has also been respected: We will make certain costs deductible for employees, from transport to training. We will strengthen fringe benefits and extend the incremental flat tax to employees. Finally, we want to introduce a reduced rate on the thirteenth month. All of this, concludes the deputy minister, taking absolutely account of the budget balance: spending will be kept under control and everything will be done only if there is coverage. Precisely this last point is the most delicate and risks making the government’s objective of a strong reduction in the tax levy fail. Against a backdrop full of unknowns (from the war to inflation), the government is aiming for higher-than-expected economic growth, which would bring more revenue, expanding the margins for the 2024 budget maneuver which appears already mortgaged for a dozen billion, necessary to confirm the cut in the tax wedge decided first by the Draghi government and then strengthened by the Meloni government. An operation in a certain sense obligatory, otherwise net wages would suffer a reduction from 1 January 2024.