Giovedì, 20 Settembre 2018

VAT hike will be averted, vows PdL minister


(see related)
Rome, 29 August - A government minister from the
centre-right party of Silvio Berlusconi said "the value added
tax (VAT) will not rise" following an agreement to reform a
property tax known as IMU.
"Raising taxes would be a negative sign," added
Infrastructure Minister Maurizio Lupi. The government will deal
with this problem "by September 30".
Lupi was responding to statements made by Deputy Economy
Minister Stefano Fassina, from the center-left Democratic Party
(PD), who said that a government agreement reached Wednesday to
reform IMU will force an "irreparable" hike in VAT scheduled
October 1 in order to plug a subsequent multi-billion-euro
revenue hole.
Analysts now fear that a new debate may erupt within the
fragile left-right government, after months of threats from the
PdL to topple the government if it refused to scrap IMU,
Berlusconi's main bugbear.
"It seems to me that as soon as a problem is fixed,
somebody races to put another hurdle in front of the
government," said Lupi.

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