The Professor's team corrects the tasks of the Berlusconi government with a red pen. And in tax matters, the deletion could not be more decisive: the three personal income tax rates of 20, 30 and 40% inserted by the Berluscones in the latest tax delegation are rejected without appeal by the Bocconians. The project, still suspended in mid-air in Parliament, will never become operational. This is established by the new bill for fiscal delegation which will arrive in the Council of Ministers on Friday. After the green light to the bill from Parliament, the government will have nine months to reel off the individual measures in one or more decrees. But on Irpef the games seem already done.
On the other hand, the scheme imagined in Berlusconi's time was incomplete. None of the income brackets had yet been associated with the three tax rates, so it was never clear who and how much he would have to pay. In the words of the technicians, "the redistributive and revenue effects" were "completely indeterminate".
THE TAX CUT FUND
Once the tax rates have been archived, an important novelty is in any case on the way to personal income tax: in the future we could pay less. And this thanks to a Structural Fund designed precisely for a (possible) tax cut. Not only the resources deriving from the fight against tax evasion and erosion will flow into the treasury, as was already envisaged starting from 2014, but also any other funds (if any) that may become available.
REVIEW OF CADASTRAL INCOME
An increase in the general levy is not envisaged (the rate will decrease as the annuity increases), however the criteria on the basis of which to calculate the cadastral income, in particular by replacing the number of rooms with square meters as the basic unit of measurement.
To establish the new rents, however, other aspects that are more difficult to determine will also be taken into account, such as the different quality of the areas in which the buildings are located. The operation could therefore require a total of a few years of work.
FROM IRES TO IRI
The corporate income tax will be replaced by the new corporate income tax. Basically, the incomes of professionals and small entrepreneurs will be subject to Irpef, which is a progressive tax, ie it grows as income increases. Ires, on the other hand, had a fixed rate of 27,5%.
