Tax-free birth rates: Bitonci and Leo explain how Giorgetti’s proposal can work

“The proposal by the Minister of Economy on the birth rate is absolutely acceptable”. After the news published by the Sheet on the measure that Giancarlo Giorgetti is studying for reduce taxes for families with at least two children, the first reactions arrive. Explaining how it could work is the Undersecretary of the League at the Ministry of Enterprise and Made in Italy. Second Massimo Bitonci the single universal allowance should not be abandoned, but in addition to this “a deduction of 10,000 euros per year should be reintroduced for each dependent child (now 950 euros per child up to the age of 21) until the end of the course of study, including university , and for all households without income limitations”. The result would be to obtain a double incentive and contrast to the falling birth rate: “With the single universal allowance there would be a direct monthly measure of support, while with the deduction a substantial cut in taxation in favor of our families”. In any case, he comments “it becomes necessary to reduce taxation for families with one or more dependent children to encourage the birth rate and counter a very worrying phenomenon”. His words are echoed by those of Senator del Carroccio and chairman of the Finance and Treasury commission Massimo Garavaglia: “Reducing taxes for those who have more children seems to us the best choice to protect the birth rate and families”, he declared in a note, underlining how the measure, added to the universal single allowance, would have the advantage of favoring the most numerous families .
The resources for coverage are still being studied by the MEF, confirmed the deputy minister Maurice Leo: “Now we will see in the Update Note to the Economic and Financial Document whether we will be able to find other resources to put at the service of tax reform interventions, including the birth rate”, he said today intercepted by journalists on the sidelines of an event in Deputies.