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Court of Auditors rejects tax reform: it has no coverage

The evaluation was expressed by the president Luigi Giampaolino, in a hearing before the Finance Commission of the Chamber. “Part of the revenue has already been used by the August decree”. Overall, we must "avoid the path of reducing social spending".

Court of Auditors rejects tax reform: it has no coverage

The Court of Auditors rejects the bill for tax reform. "It has no coverage - the judges explained - since part of the revenue has already been used by the August decree". The assessment came from Luigi Giampaolino, president of the Court, during a hearing before the Finance Commission of the Chamber.

The suggested recipe is to "tax personal and real assets", instead avoiding "linear cuts to benefits that would be recessive". For Giampaolino it is essential that the tax authorities do not focus "on work and businesses". However, the delegation bill responds to growing needs that "reflect the widespread dissatisfaction with a tax system in which the contradiction between a high yield in terms of revenue and a high rate of tax evasion fuels lacerating distribution conflicts". Overall, Giampaolino underlined how "the path of reducing social spending is difficult and risks producing effects not different from those deriving from an excessive and distorted levy".

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