Taxes, from flat tax to patrimonial: the challenge of the parties

The highlight of Enrico Letta’s proposal is the dowry of 10 thousand euros for 18-year-olds, according to the ISEE. A proposal, according to the dem program, which would be covered “From the additional revenues deriving from the change in the rate of inheritance tax and donations exceeding 5 million euros (equal to 0.2% of the total inheritances and donations in Italy) “.

Possible, ally of the Democratic Party in the cartel that unites the Greens and the Italian Left, asks instead the introduction of the patrimonial. The party founded by Giuseppe Civati ​​proposes to “Establish a substitute tax on assets”to replace existing taxes such as Imu, Tasi, stamps on securities accounts, bank deposits and so on that would be merged. “This is an extraordinary regime that can be accessed if all the securities and real estate assets, net of financial liabilities, held by a single taxpayer in Italy and abroad, are over 1 million euros“we read on page 71 of the program.

Always part of the center-left coalition, + Europe calls for the introduction of an initial generalized no-tax area of ​​up to 10 thousand euros referable to all categories of income and a reduction of personal income tax rates to 3, of which the first to 23% for incomes up to 40 thousand euros, the second at 28% for incomes up to 70 thousand euros, the third at 38% for incomes over 70 thousand euros. For the party founded by Emma Bonino it is necessary to keep alive the flat-rate schemes, if more advantageous, currently in force (5% or 15% for incomes up to 65 thousand euros) with “A revision of the categories of income and in particular overcoming the distinction between income from self-employment and business, for the introduction, similar to the main European laws, of the category of income from economic activity”.

Like other parties, the 5 Star Movement proposes cancellation “Definitive” Irap and proposes the cut of the tax wedge “For companies and workers to more effectively reduce the difference between the cost of the worker for the company and the net income received in the paycheck”.

In the tax chapter of the pentastellato program, among other things, also the cashback return with “The introduction of a mechanism that allows the immediate crediting of deductible expenses incurred with electronic instruments to a current account. In this way we make life easier for taxpayers e we fight tax evasion“. Even the mechanism of the 110% superbonus, measuring the flag of the 5 Stars, must be stabilized because “Is able to make large amounts of liquidity available to families and businesses and that can be extended to other facilities to invest at reduced costs in the ecological transition“, Without however specifying with which coverages.

Detailed program for Italia Viva and Action in tax matters. The Third Pole coalition proposes measures for the main taxes, including the abolition of IRAP and the reorganization of VAT rates. As for the personal income tax, which everyone pays, the introduction of an exempt minimum is proposed, “Intended as a maxi-deduction corresponding to the amount deemed essential to survive” with the “tax simplification by moving all tax expenses to a direct refund system: you pay with traceable instruments, and the State periodically reimburses you the percentage subject to the old deduction “it is read.

To encourage the employment of younger people, the two parties propose “A specific tax reduction for young people: total up to 25 years, reduced by 50% up to 29 years “with the “creation of negative taxation, based on the Anglo-Saxon model: for levels of wages below the exempt minimum, the State integrates the worker’s wages to an increasing extent with the wage itself. In this way, the distortion caused by citizenship income (‘I pay you not to work’) is reversed and transformed into ‘the more you work the more I integrate your salary’) ”.