The Imu dilemma could be resolved by decree within the week. But that would only be a temporary measure. The goal is to postpone the down payment on the first home from June to September (with the Municipalities receiving temporary advances from the State Treasury) and buy time to rethink the entire property tax system by the end of the summer.
Meanwhile, the hypothesis of extend the shift also to industrial warehouses and farm buildings. A concession loudly requested by trade associations and supported by bipartisan support: both the Minister of Economic Development Flavio Zanonato (Pd) and the Minister of Agricultural Policies Nunzia De Girolamo (Pdl) are in favor.
The tax review should also include the price increase coming with the Tares – the tax on waste moved by the Monti government to the end of the year, but which could be postponed again to 2014 – and the dry coupon on rents, a tool that has proved to be ineffective and whose cancellation is not excluded. It is also possible to rethink theregistration tax on real estate transactions, as well as on themortgage tax and on that cadastral.
As for theIMUOf course, the simple postponement would cost nothing to the public coffers, but the Executive is also aiming for a reduction. On the other hand, originally the abolition of the tax on first homes and the restitution of the sums paid in 2012 were two fundamental conditions set by the PDL to accept the broad agreements.
It certainly won't go that far, but the Imu calculation it should be anyway remodeled, for example according to income (those who earn less could be granted exemption) or the number of family members. The cost of the intervention would fluctuate around 2 billion, but would risk doubling if the discount were also granted to businesses.
The main node is precisely that of the covers, given the budget constraints imposed by Europe. With Brussels preparing to close the infringement procedure for excessive deficits against our country in the next few days, the Letta government has virtually no room for manoeuvre.
After the 40 billion decree over two years for the payment of public administration debts, the deficit forecast for Italy in 2013 has already risen to 2,9%, one step away from the insurmountable threshold of 3% established in Maastricht. The Premier has always ensured compliance with this constraint. The Executive will therefore not be able to increase public spending by a cent.
