After canceled the tax cut fund by the government's tax reform, the premier Mario Monti rekindles hope in Italian taxpayers. But it doesn't give deadlines. “In future, the proceeds from the fight against tax evasion will also have to be used to reduce tax rates“, underlines the Professor in the preface of the Def (the Economic and Financial Document), today being examined by the Council of Ministers.
As for the general trend of the economy, "the crisis we have been experiencing since 2008 - continues Monti - can have a lasting and profound impact on Italy's growth potential even if a destructive shock has been avoided". The Premier then reiterates that "the heart of the Italian problem is how to return to growth: there is no reason to accept that Italy is condemned to have growth below the Eurozone average for over ten years", but "at this moment growth cannot come from expansive stimuli of public spending".
The international situation remains "weak and uncertain" and "domestically, growth will not return until 2013. Next year must be a year of profound transformation for Italy, in continuity with what has already begun in the past months".
Finally, the question of work and its impact on the social drama experienced by young people. The reform launched by the Government is necessary "to help workers and businesses to face a difficult phase of reorganization and change in productive specialization - the Professor writes - and to attack the dramatic problem of the high youth unemployment. The worrying growth in unemployment and the low level of employment, especially of young people and women, show that it is urgent to reform a labor market marked by injustices and dysfunctions. Employment hardship directly or indirectly affects almost half of Italian families".
In particular, "our country still invests too little in research: it has an insufficient number of patents and loses too many talents due to the high number of young people who emigrate abroad".
