September 23, 2023



Government, a maneuver worth 32 billion. Node on pensions and income – Politics

3 min read

The Council of Ministers is convened this evening at 20.30, at Palazzo Chigi, to examine the budget law and the Euratom directive.

This evening, in addition to the budget bill, a related tax decree could also arrive on the table of the Council of Ministers: according to what has been learned in the last few hours, the orientation of replicating the classic scheme of the maneuver would have prevaileda, with the fiscal measures – which also cover the budget law – contained in an ad hoc decree.

Meanwhile, the Deputy Prime Minister and Minister of Infrastructure Matthew Salvini, according to what has been learned, he was at the Ministry of the Economy this morning to meet the minister Giancarlo Giorgetti with whom he spent over an hour to take stock of the maneuver that will be examined by the council of ministers tonight.

There shouldn’t be, however, the meeting of the pre-council technicians. Among the hypotheses under study the zeroing of VAT on bread, pasta and milk. We are working on pensions at an altitude of 41+62. We are moving towards cutting the tax wedge by up to 3 points for the lowest incomes. On the flat tax, the threshold will be raised up to 85 thousand euros for the self-employed. Palazzo Chigi holds back on a proposal from the League for a ‘good marriage’

INSTRUCTION – In the maneuver “I count” that there is money for the increase in teachers’ contracts “and I will fight for there to be new resources”. This was stated by the Minister of Education and Merit, Giuseppe Valditara, on the sidelines of the ‘North Direction’ event at the Palazzo delle Stelline in Milan. “The blanket is very short – he concluded – in the contract we said that 300 million additional resources are needed for 2023. If there weren’t any, in the contract it says that they will be taken from the fund intended for professional development. But I expect that for 2023 there may be additional resources”.

TAX – On the tax wedge, we are moving towards a replica of the 2-point cut for incomes up to 35 thousand euros, while the cut will be increased by another point, up to 3 points, for the most fragile groups, those with an income of less than 20 thousand EUR. According to government sources, this is the measure being studied for the manoeuvre. On the flat tax, on the other hand, the increase in the threshold (from 65 to 85 thousand euros) for self-employed persons and VAT numbers would remain confirmed, while the hypothesis of introducing an incremental flat tax also seems to be losing ground.

SUGAR TAX E PLASTIC TAX – We are moving towards a new postponement of the entry into force of the sugar and plastic tax: according to what has been learned, the maneuver, which will be on the table of the Council of Ministers in the evening, should contain the suspension of the measure also for the whole of 2023. The rule, in fact, it has never been applied since its introduction.

CRYPTACTIVITY – There would also be there taxation of capital gains from crypto-assets among the measures being studied by the government in view of the budget law. The rule appears in a draft of the article still under discussion, which also provides for the regularization of crypto-assets. When we talk about crypto-assets we are referring to the so-called virtual currencies, considered speculative assets, which also include bitcoins.

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