Amendments, increase in minimum pensions and treasury: the assault on the maneuver begins

John

By John

Further raise minimum pensionsrepeal the rule on MEF auditors in entities that receive public contributions, limit the partial blocking of turnover, reduce the tax on bitcoins, modify the web tax. The parties’ assault on the budget law begins. The opposition is preparing to do battle, while in the majority there are those who are pushing to “improve” the text and those who are more cautious. The sword of Damocles of the account adjustment plan hangs over everyone, which makes the path narrower, tying any change to the obligation to have the relevant coverage. The work of the legislative offices will continue throughout the weekend to finalize the amendments, which must be presented to the House Budget Committee by Monday.

Parliamentarians have a “treasure” of 120 million at their disposal for 2025, but it has not yet been defined how to divide it between the majority and the opposition. In terms of additional resources, the final outcome of the two-year agreement for VAT numbers is awaited. By the deadline of 31 October, around 1.3 billion had been collected (not enough to proceed with the further step on Irpef), but the government is working on a reopening of the deadlines: an ad hoc decree law, expected in the Council of Ministers perhaps already Tuesday, should set the new deadline for December 10th (but the hypothesis of the 15th is also circulating). In the majority these are crucial hours and possible meetings cannot be ruled out, perhaps following the delivery of the amendments. Forza Italia’s changes focus on some macro-themes: further raising minimum pensions, excluding the police from the partial block on turnover in the PA, remodulation of Irpef (with the cut of the second rate from 35 to 33% and the extension of the bracket up to 60 thousand euros)tax relief for those who reinvest profits in the company, repeal of the rule on MEF auditors in entities that receive public contributions, also postponement of the sugar tax and modification of the web tax (reintroducing the threshold of 750 million in global turnover).

The latter is an issue on which the Azzurri are increasing their pressure: Enough of “fiscal asymmetry”, says the head of Departments Alessandro Cattaneo; “We need to make the web giants pay taxes”, adds the group leader in the Senate Maurizio Gasparri. Inside Fratelli d’Italia, however, they are tight-lipped about the amendments: before Monday, it’s the line, there’s no talking. Interventions, however, will be limited. «We know well that 97/98% of the time it’s the same, and it can’t be touched. Something can be changed or improved. But we set ourselves a limit”, explained group leader Tommaso Foti in recent days. Even in the League we are waiting for Monday and working with the aim of presenting only changes that will be approved. Among the proposals of the Via Bellerio party, intervention to reduce the tax on bitcoins is expected.

The League has already unleashed another strong point in the tax bill, with the amendment to cut the Rai license fee also in 2025: a proposal that agitates the majority, with FI having already promised that it will not vote for it. Meanwhile, the intention to replicate what was done last year by concentrating the money from the treasury on a common proposal to finance anti-violence centers is filtering through from the opposition. Some indications on how the maneuver could change came directly from the Minister of Economy Giancarlo Giorgetti, who has already opened up on various topics: from the MEF auditors in companies with public contributions, provided that the principle that whoever receives state money is liable for how he uses them; to building bonuses, but the distinction between first and second home is “mandatory”. Availability to also think about blocking turnover, starting with the exclusion of the security sector. Also ok to evaluate changes to cryptocurrencies.