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VAT, Zanonato: stop the increase? Postponement is more likely

The problem is finding coverage: “It is one thing to postpone the VAT increase, it is one thing to eliminate it: it means that four billion will not enter the state coffers. Everyone says that we need to find the resources, but nobody says where”.

VAT, Zanonato: stop the increase? Postponement is more likely

“If we find the money to eliminate the increase with spending cuts we eliminate it, otherwise we can't do it and we move it. It's one thing to move the VAT increase, it is one thing to eliminate it: it means that four billion will not enter the state coffers". You said it this morning on Raitre Flavius ​​Zanonato, Minister of Economic Development, with reference to the increase in the third VAT rate from 21 to 22%: a rise that will automatically take effect from July XNUMX if the Government does not take action.  

“I am in favor of lowering taxes as much as possible – added Zanonato -, but this is a good will that must be put into practice. Resources must be found, they must be found. Everyone says it, but no one says where”. 

According to the minister, there are two best ways: "Cut waste, but it can't be done in a few minutes, and fight tax evasion, but this too is a long process." In short, as regards the VAT increase, “it is possible to imagine a postponement – ​​concluded Zanonato -. Much more complicated to decide for the cancellation”.

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