PUBLIC ACCOUNTS
Milan , August 24, 2014 – 8:54
ROME – Not a big change but a touch yes. Stay up bonus 80 € the most important topic on the tables at Palazzo Chigi. The government said that next year the discount sull’Irpef will be guaranteed to those who are receiving in recent months, employees who earn less than € 26,000 gross per year. And that will be difficult to extend it to other categories of which had also spoken pensioners, self-employed and non-taxpayers, ie those who say so little to not pay taxes. But there is the intention to give a signal, however, to strengthen a mechanism which, so far no one has given boost to the economy that many expected, it has certainly played an important role in the success of the Democratic Party in the European elections.
The” family quotient “
For the next year, the government is studying the possibility of correcting the bonus with the so-called family quotient, raising the maximum income threshold for families. Today the rules of the bonus are simple but not always fair: 80 euro paycheck go to those who earn less than 26,000 euro gross and nothing changes if you have many dependents or not. From next year, with the law of stability to be approved in October, the threshold could be raised for the families who live on one salary depending on the number of children: the limit could rise to € 31,000 with two dependent children, to 40 000 with three, four 50,000.
Large Families
The measure had already been studied in May, when the decree on discount income tax had arrived in Parliament for conversion into law. At the end he had not done anything but has the advantage of not costing too much, between 200 and 300 million euro per year. And most importantly, would increase the number of people involved without removing the bonus to anyone. The speech would be different if, in addition to the number of children, were taken into account the income is not personal but for the whole family. Although this correction was examined in Parliament but was promptly filed and once again is destined to the same fate. In this case, who is now earning 80 € but he has a wife or a husband with a high income could lose the discount. But this would throw it all away and “redistribute” the bonus, removing some and giving it to others: move technically complicated and politically slippery. For this reason, the only action available is that for families with a single wage, perhaps the most obvious distortion in the current mechanism.
The money needed
Of course all depends on the money needed for the operation. To keep the system now requires 10 billion Euros, plus another 200-300 million euro in case of an extension for large families. The resources should come from spending cuts, with 17 billion savings expected by the government in Def, the Document of economics and finance, but also will cover other expenses. The work is still ongoing, but in broad terms the objectives seem to have already been outlined. The bulk of the savings would come from the supply of public administration: 6-7 bn, thanks bundling of the central purchasing of state and local authorities, who are now 35 thousand, and that doing mass should be able to check the best prices. Very ambitious, especially considering that the process of unification of the central purchasing has been postponed several times, but that the government considers possible. Other 4 billion euro should come from the rationalization always on public administration: the reduction of the investee companies through the digitization of the procedures for the management of the properties. Another billion covers the cost of politics, as a result of the measures already taken by the elimination of the political bodies of the provinces to the roofs on the salaries of managers and executives. Then there are a number of steps in the sector with which the government aims to raise between 4 and 5 billion: the elimination of incentives to businesses, which should not be worth more than 2 billion against 10 estimated at the time of the Monti government, through the application of the mechanism of standard costs for the services of local authorities to the reduction of street lighting much like the Commissioner Carlo Cottarelli spending review.
The total of the individual items is a fork including ta 15 and 17 billion. In theory there are, but the way of the law of stability is still long and full of curves.
August 24, 2014 | 08:54
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