There Middle Class Italian must wait again. The hypothesis that in the next budget maneuver there are tax cuts for those who earn more than 50,000 euros per year moves away. In this column, on 19 October, the idea of a lowering of the Irpef rate of 35 to 33% up to 60 thousand euros had been reported. But the latest forecasts exclude it, leaving only the hypothesis of cutting the rate without widening the bracket between 28 and 50 thousand euros. Already alone this operation costs 2.5 billion, to be found in the public budget. And more than so you can hardly go. For those who declare between 29 and 50 thousand euros the benefit would be between 20 and 440 euros per year. But with the risk of sterilizing the effects for those who declare more than 50 thousand, through lower deductions, thus lowering the cost for the state.
“Surgical” interventions on IRPEF are ideal for giving breath to the middle classes. The problem is that it is not possible to raise the shot on the high end of this average class, which would then be that capable of restoring taxes (indirect such as VAT) and GDP through greater consumption and investments.
The reason is that the next financial company also announced Minister Giorgetti, will be in the name of “firm and prudent responsibility”. To dictate the line is the desire to limit the deficit to 3% already this year, to exit the infringement procedure as soon as possible – event more than ever appropriate even by looking at the French problems that can bring new instability on the markets – and then drop to 2.8% in 2026 and 2.3% in ’27.
All results that, if achieved, will be thanks to the Tartassa middle class. This year also certifies the social security itineraries observatory, which reminds us of that 72.3% of taxpayers with less than 29 thousand euros declared only 23.1% of the Irpef. While those who are above 50 thousand euros covers 44.3% of the revenue. There are just over 3 million taxpayers who, with the above sterilization, also risk the mockery of not benefiting from the expected cut. And to continue paying health and education for everyone.
The government is good to keep the straight bar on public finances, and also to help the weakest.
However, we hope that in favor of this Middle Class So useful to everyone, a credit is open which, first then, is refunded. If this majority intends to last for a long time, and it has the possibility, there is also responsibility for distributing to those who have contributed to accumulating it, the dividend collected in terms of political stability.