First one mini-maneuver to bring the 2013 deficit back to within 3% of GDP. Then the tax chapter, starting with the IMU and the tax wedge. These are the next appointments on the government's agenda. The first act could take place on Wednesday, when the Council of Ministers meets again. The goal is to find it right away 1,6 billion euros to avoid the risk of Brussels reopening the infringement procedure for excessive deficit against our country. The required correction is equal to Present in several = 0,1% of the deficit-GDP.
Coverage should come from at least three interventions: cost reductions of public administrations e disposal of a part of the state's real estate assets (415 million in all), increases in the Ires and Irpef advances of companies at the end of November and increase of excise duties on gasoline. These last two measures were initially envisaged to avoid the VAT levy, but now that the tax has increased, they still seem essential to return to the parameters imposed by Europe on public finances.
Among the other "mandatory expenses" which in all probability will flow into the decree on the mini-provision, there are also 330 million to be allocated to Redundancy fund by way of derogation, 190 million for the immigration emergency (to which another 20 will be added for the reception of unaccompanied minors) and 120 million Imu compensation for Municipalities.
This afternoon, however, the CDM will meet - in the absence of Prime Minister Enrico Letta - to deal with regional laws and perhaps also approve the decree for the refinancing of international missions, which is worth 265 million euros. Still during Wednesday's CDM, however, the Executive should also address the issue of stability Law, with the aim of approving the provision by 15 October. Three pillars on which the former financial should be structured: revision of stability pact, creation of the new “service tax” (which from 2014 will merge various municipal services, Tares and Imu) and cut the tax and social security wedge on workers and businesses.
As for the chapter IMU, to cancel the December installment it will be necessary to find 2,4 billion. A sum perhaps too high: it is therefore not excluded that in the end the Government will choose to intervene only in support of the most disadvantaged taxpayers.
