“not raising” the balance sheet is not enough

This time too the debate on the assets – which Professor Elsa Fornero proposed on real estate – has taken the wrong turn, taking on surreal contours: on the one hand those who want it, …

the home tax hoax

This time too the debate on the assets – which Professor Elsa Fornero proposed on real estate – has taken the wrong turn, taking on surreal contours: on the one hand those who want it, on the other those who say they won’t put it. In the middle, those who are silent.

The problem is that the property tax is already there: it’s called IMU, it’s worth 22 billion euros a year and it was introduced by the government (Monti) in which Professor Fornero was minister, making 270 in 12 years. billions of euros from the owners’ pockets. There is nothing to “not put”, therefore. The commitment to be made, if anything, should be to start reducing it.

All this leads to only one result: the maintaining a burden of progressively expropriating taxation of a form of savings which should, on the contrary, be protected and safeguarded. The government in office, which has identified its “business reason” as the national interest, should be particularly careful to reward the many Italians who have decided to invest their savings, the result of work and effort, in their country.

But naturally the reasons for at least mitigating the tax burden on properties go much further and refer to the professor’s studies Francesco Forte and the professor Riccardo Puglisi, who demonstrated how the thesis that sees real estate taxation as the least distorting form of taxation of the economy and least hostile to growth is fallacious – and indeed overturned. Things are completely different. And what says this is common sense, even before the most astute economic analysis.

In summary: not increasing the IMU is not enough, we need to start reducing it.

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