Lunedì, 22 Ottobre 2018
BRUSSELS

Letta 'won't smash public coffers' for VAT or IMU taxes

English
© ANSA

(see related)
Brussels, June 28 - Italian Premier Enrico Letta
said his left-right coalition government "will continue to do
everything" to respect its EU commitments while trying to lower
unpopular taxes but not by "smashing the public coffers".
On Wednesday the cabinet postponed a scheduled 1% rise on
the top band of value added tax (VAT) until October to buy time
to find the money to avoid it all together, something the
center-right People of Freedom (PdL) party of Silvio Berlusconi
has been staunchly pushing for.
Even more fervent has been their demand to scrap a loathed
property tax called IMU, threatening to pull their support and
sink the government if it fails.
The push to buck both taxes, which technocrat Economy
Minister Fabrizio Saccomanni has called "preposterous" and
unaffordable, has caused a serious node of tension in the
fragile left-right administration.
Speaking outside an EU summit Friday, Letta stressed he was
not willing to "smash the public coffers" for these taxes.
"Whoever may think I'm here to smash the public coffers has
the wrong premier," he added.

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