Venerdì, 21 Settembre 2018
ROME

Baretta warns medicine could be worse than malady on IMU

English
© ANSA

Rome, August 27 - Italian economy undersecretary
warned radio listeners on Tuesday that as policy-makers seek to
repeal the controversial IMU property tax, care must be taken
not to cause greater damage with excessive new taxes to cover
the revenue shortfall.
The work currently underway ''is not simple'', Pier Paolo
Baretta of the centre-left Democratic Party (PD) told Radio1
listeners.
Baretta explained that the government must not only worry
about covering the IMU, but also prevent raising the value added
tax (VAT) as well pay unemployment benefits and find funds for
pensions to retirees who lost their coverage under 2012 reforms.
''Autumn's appointments are demanding and it's necessary to
try to respond to everything,'' Baretta said.
''For this reason, I say 'watch out that in order to do
everything we don't do greater damage' - in other words, the
increase of new taxes for citizens. Demand (for money) exceeds
supply,'' Baretta continued.
''Once the service tax is established as the solution, ''
Baretta added, ''Everyone must take an attitude of mediation
toward financial balance''.

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