“We are committed to reducing the tax burden and this action goes beyond the flat tax. We are at a very advanced stage of a personal income tax that will reduce the tax burden on the middle class, while keeping a manageable budget impact." This was stated by the Minister of Economy, Giovanni Tria, speaking at the Bloomberg Forum.
“The political strategy we are following – he added – is based on three pillars: greater public and private investments, the fight against poverty and a reduction in the tax burden. The Italian economy has solid foundations. We are still the third largest European economy and the second largest manufacturing and export country".
As for the citizen's income, "the social problems that have led to the emergence of the need for this income need to be solved - underlined the number one of the Treasury - The Italian government, while respecting the European commitments, is committed to charting a balanced path that takes into account various social needs and economic requirements to create a solid foundation for long-term growth”.
Words which, however, do not seem to have satisfied the Deputy Prime Minister, Luigi Di Maio, who in the afternoon enters the debate on the maneuver with a straight leg, launching a real broadside at the Minister of Economy.
"Nobody has asked for Minister Tria's resignation," the leader of the M5s toldHandle on the tensions to write the Maneuver, not going beyond - as the owner of the Treasury wants - the EU stakes. “But I expect the Economy Minister of a government of change to find the money for the Italians who are currently in great difficulty. Italians in difficulty can no longer wait, the state can no longer leave them alone and a serious minister must find the money".
Going back to the words of the MEF number one, the government's goal, Tria reiterated, “is to achieve stronger and more sustainable growth through structural reforms. The Government is committed to a 5-year term, with a gradual implementation of the reforms. The Italian economy is continuing to grow, but at a slower pace. The Government therefore aims to eliminate the 1% growth gap that separates us from the countries of the Eurozone”.
In any case, "the measures I mentioned" in view of the Budget Law "will not change the government's commitment to debt reduction". At the same time, however, “it is essential that public investments become the main budget item: they must return to at least 3% of GDP. The current level of 2% is too low for Italy to bridge the gap with the rest of the world”, concluded the minister.
(Last update: 17.18 pm on 18 September).
