Let me make the reforms and I will cut your taxes by 50 billion in 5 years. This is the substance of the Pact with the Italians that Prime Minister Matteo Renzi proposed by relaunching the Copernican tax revolution with which yesterday at the Pd assembly at the Milan Expo he surprised everyone by displacing both the opposition and the dem minority, which they could do nothing but sketch.
“The deal I propose to the Italians – said the President in an interview with Tg2 – is this: reforms in exchange for tax cuts. If the reforms go ahead, we will be in a position to lower Italian taxes by 50 billion in 5 years".
After the tax bonus of 80 euros a month for the weakest employees, Renzi plans to eliminate forever all taxes on first homes (Imu and Tasi) in 2016, to then cancel a large part of Ires on companies in 2017 and reduce the personal income tax brackets for workers and give 80 euros a month also to pensioners in 2017.
Faced with the perplexities about the financial coverage of the fiscal revolution, the prime minister puts his hands forward by stating that the European parameters will not be breached and the public debt will not be increased but will rely on the spending review: "From September we will eliminate many public carriages because there there is still room to review spending, but courage and energy are needed”.
