Mercoledì, 26 Settembre 2018

PD House whip urges govt to avoid VAT hike, sides with PdL


(see related)
Rome, September 18 - The House whip for the
center-left Democratic Party (PD) urged the government not to
allow a hike in value-added tax (VAT), siding with rivals in the
People of Freedom (PdL) party of Silvio Berlusconi.
"It would be a tough blow to families and businesses and
would further depress consumer buying," Roberto Speranza told
According to Italian media Wednesday, the economy ministry
was planning to go ahead with a planned hike on the top tier of
VAT, from 21% to 22%, starting October 1, as a result of the PdL
successfully pressuring the government to follow through on
Berlusconi's campaign promise to roll back a property tax called
"Either we fund the abolition of IMU, or we fund blocking a
rise in VAT. Both things are not possibile," economy ministry
sources told Italian daily La Repubblica.
The remarks followed statements Tuesday from European
Monetary and Economic Affairs Commissioner Olli Rehn before an
Italian Senate committee, in which he said the government's
decision to scrap IMU to appease the PdL "has raised and still
raises concern" due to the problem it creates in finding
alternative revenue in an already tight budget.

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