The construction site of the maneuver is still in the high seas, but hypotheses are already pouring in on the measures to be included in the text. The most substantial intervention, this seems clear, will be the cut for average incomes with the extension of the Irpef rate of 33% to incomes ranging from 50 thousand to 60 thousand euros. The cost was estimated at 3 billion euros.
How the paycheck would change with the cut to incomes above 50 thousand euros
We’ve already done the math. The tax benefit is announced as 100 euros for incomes of 51 thousand euros, 200 for those who declare 52 thousand and so on, up to a maximum of 1,000 euros for incomes of 60 thousand and more. Above a certain threshold, increases could be sterilized by an ad hoc mechanism.
| Taxable income | Annual savings |
| €51,000 | €100 |
| €52,000 | €200 |
| €53,000 | €300 |
| €54,000 | €400 |
| €55,000 | €500 |
| €56,000 | €600 |
| €57,000 | €700 |
| €58,000 | €800 |
| €59,000 | €900 |
| €60,000 and above | €1,000 |
The hypothesis of lowering the rate from 23 to 22%
However, there is also a new hypothesis on the table. The proposal, hot off the press, comes from Marco Osnato, deputy of Fratelli d’Italia and president of the Finance Commission of the Chamber, and provides for the reduction of the first Irpef rate from 23 to 22%. An intervention that would benefit medium-low incomes, impacting all salaries above the no tax area.
Doing the math, the tax benefit would be 150 euros per year for those with a taxable income of 15 thousand euros, up to 280 euros for all incomes above 28 thousand euros. A cut to the rate in the first bracket would also have cascading effects on incomes falling in the subsequent brackets which would benefit from the 1% “discount” on the Irpef.
| Income | Current tax (23%) | New rate of 22% | Tax advantage |
| €15,000 | €3,450 | €3,300 | €150 |
| €18,000 | €4,140 | €3,960 | €180 |
| €20,000 | €4,600 | €4,400 | €200 |
| €25,000 | €5,750 | €5,500 | €250 |
| €28,000 | €6,440 | €6,160 | €280 |
Interviewed by the newspaper ‘Il Sussidiario’, Osnato explained the proposal as follows: “The rates on the lowest brackets can also be further reduced or the most levers combined. One point less on the current bracket costs approximately 1.5 billion and guarantees a benefit of up to 220 euros”.
The figure of 220 euros – instead of the 280 euros we talked about above – could be due to a different technical configuration of the measure or perhaps to a sterilization mechanism which, however, the deputy did not mention. These are assumptions.
But Osnato holds back on the cut: “It will depend on the infringement procedure”
When questioned on the point by Italia Oggi, Osnato confirmed that the idea is indeed on the table, but he seemed very cautious about the possibility of a concrete implementation: “We are working on it” he explained. “Much will depend on when Italy’s exit from the infringement procedure for excessive deficit will be made official, a goal that Italy would have already achieved if there had not been the ballast of the Superbonus which will also weigh on public accounts for 40 billion in 2027. It will be difficult to write budget laws starting from minus 40, but we will try to recover resources to lower taxes not only for the middle class but also for the lowest incomes”.