La tax on bank profits? “We have taxed an unfair margin for the benefit of the banks. Now we will help families and businesses”. With these words Giorgia Meloni defends the much discussed measure approved in the last Council of Ministers with which your government intends to recover huge resources for social spending. In her video speech, renamed "Giorgia's notes", the Prime Minister also spoke about many other hot topics: Citizenship income, minimum wage, Pnrr, mafia and so on and so forth.
Meloni claims tax on the "unfair" margins of the banks
“We are living in a complicated phase and the ECB's response was to intervene with a very decisive interest rate policy. Thus prices increase, the cost of money and mortgages, existing loans and leads to a contraction of the economy. It is essential for us that the banking system behaves correctly", he said, adding that "we are registering record profits from many banking institutions, which is why we have intervened with the 40% tax on the unfair difference in the interest margin, i.e. the difference between the amount of bank interest expense and interest income”.
The resources that will come from the taxation of "the unjust margins of the banks" will go "to finance the measures to support families and businesses" who are experiencing "a moment of difficulty due to the high cost of money".
But the tax on the extra profits of credit institutions - still unclear in terms of content and above all in the damage it could cause - goes far beyond the reactions of the Stock Exchange and undermines the credibility of the entire financial system and of the country itself, as a master of economic journalism like Alfredo Recanatesi writes on FIRSTonline.
Meloni: "We don't go back on basic income"
The Prime Minister then spoke on another fiery issue: the Basic income. "The government does not intend to retrace its steps," he said, because it wants to move from the "Citizenship Income to the Employment Income, that is, which is obtained thanks to work". The premier stressed that the estimates of those who would have lost their income were "300 thousand" people and instead they lost it in "112 thousand". "Reasonably - she observes - it means that they have already started working because they knew that at a certain point they would no longer be able to count on the income and they rolled up their sleeves and started looking for a job that they found".
Minimum wage, Meloni: "It can make wages worse, but I hope for a shared proposal"
Scheduled for Friday 11 August – set for 17pm – is the meeting with the opposition on the minimum salary. Meloni said: "We will understand if there is room for presenting together a serious proposal against low wages which can provide wage parameters for workers not covered by collective bargaining, which can increase controls to combat irregular work, false part-time contracts and other crimes of the kind, and we hope that on this we can arrive at a serious shared answer and that improves the conditions of Italian workers overall and not improve those of some, making those of others worse".
