Mercoledì, 17 Ottobre 2018

Letta says govt needed to reform IMU, left and right spar


Rome, August 12 - The embattled parties that make
up Italy's coalition government were quick to trade jabs Monday
after Premier Enrico Letta said over the weekend that if the
government falls everyone will be saddled with the loathed IMU
property tax.
Abolishing the tax was a key political platform of
three-time premier Silvio Berlusconi, who rallied to second
place in February elections to force an uncomfortable alliance
between his center-right People of Freedom (PdL) party and the
majority Democratic Party (PD) after two months of parliamentary
The PdL has threatened to pull its needed support from the
government if their campaign promise is not upheld, while in the
meantime IMU payments have been postponed through September.
Speaking in Azerbaijan on Sunday, Letta said that tanking
the government would only ensure that IMU stays in place since
"you need a government and parliament in order to make reforms".
Regional Affairs Minister Graziano del Rio, from the center
left, said the government "will find a solution" but would not
fold to the PdL's call for an outright ban, something that Letta
"has never talked about," according to the La Repubblica daily
on Monday.
PdL House whip Renato Brunetta disagreed.
"Judging Letta's's clear that the IMU tax
on primary residences will be abolished and that there will be a
comprehensive reform of taxes on real estate," Brunetta told La
Letta has pledged the issue of the unpopular tax would be
resolved by the end of the month to cool the firestorm sparked
last week by Economy Minister Fabrizio Saccomanni.
In a list of nine hypothetical reforms, the former deputy
governor of the Bank of Italy said it would not be fair to
eliminate IMU, adding that the country cannot afford to lose the
billions in revenue it generates.

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