Irpef cut: 11 million families involved, but the bulk of the benefits go to high incomes

John

By John

The Irpef cut envisaged in the budget «would involve just over 14 million taxpayers, with an annual benefit equal to around 230 euros on average. The beneficiary families would be around 11 million (44% of resident families) and the average benefit would be around 276 euros (in each family there can be more than one taxpayer)”. This was underlined by the president of Istat, Francesco Maria Chelli in the hearing before the Budget commissions of the Senate and Chamber. «By sorting families based on equivalent disposable income and dividing them into five groups of equal size – he continued – it emerges that over 85% of the resources are allocated to families in the richest fifths of the income distribution: in fact, over 90% of families in the richest fifth and over two thirds of those in the penultimate fifth are affected by the measure. The average earnings range from 102 euros for families in the first fifth to 411 for families in the bottom. For all income classes the benefit involves a change of less than 1% on family income.”