Home » Minister Franco: “With more growth, resources for tax cuts. Possible postponement of collection “

Minister Franco: “With more growth, resources for tax cuts. Possible postponement of collection “

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«The 2022 budget law will be based on the Update Note to the Def of next September. If GDP growth were wider, there would be more resources for the same deficit target, either to cut taxes, or to increase public spending. We will see him in September ». This was stated by the Minister of Economy, Daniele Franco, in response to a question on the budgetary effects of a possible improvement in the macroeconomic framework. He adds on the layoffs front, “I would not expect a huge wave of layoffs from July 1st, obviously the government will monitor what happens, and Minister Orlando is rightly very attentive on these issues. Any tense situation the government will be ready to intervene ”. The minister also underlines that on the tax collection front, «it must be a gradual departure that does not have negative impacts on businesses but at some time the Agency’s activity will have to restart, extensions can be discussed, interventions that smooth out. We postponed to June 30, we can, especially within this year, see if there are still margins ».

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