(Finance) – The vote anticipated to 25 September it will also have consequences on the fate of the reform tax. Indeed, it seems difficult to maintain the agreement reached between the majority forces of the Draghi government, allowing the Senate to approve it. The text of the proxy law is under discussion at Palazzo Madama which, even if in the fullest of its powers even during the election campaign, is facing matters policies which will almost certainly lead to the definitive cover-up of the reform. Also because it is one law delegationwhich is then implemented by the Government through legislative decrees.
They are still in progress negotiations on upcoming electoral alliances, but it is certain that they will be different from the team that supported the Draghi Executive. At least they stand out three large sides, alternative to each other: the center-right, the PD with various allies, the 5 Star Movement in turn engaged in the search for alliances. It seems likely that these forces would prefer to do the countryside electoral proposing its own tax reform. In this case, the work of the Senate on the proxy law will stop, to resume with the new Parliament.
However, it cannot be excluded that the political forces decide that the current synthesis reached on the text approved by the Chamber may be acceptable. A really difficult hypothesis, especially given the controversy so far recorded on reform of the Land Registry. In this second case, there would also be time to approve the tax delegation in the Senate before the early end of the legislature. The new government would then have 18 months to approve the decrees legislative. The process of the tax reform in the Chamber was particularly difficult, the approval came at the end of June 2022 after almost eight months of debate. In the end, the most significant changes concerned the Land Registry, the flat-rate regime, tax deductions.
Actually the Budget Law 2022 has already begun to implement the tax reform with the reorganization of theIRPEF. The brackets have in fact become four and rates and deductions have been reshaped. Even the deductions on employees have been remodeled and substantially increased. In the medium term, there is a effect redistributive progressive, immediately, an advantage of around 15 thousand euros of income, and then around 40 thousand. This is mainly due to the fact that for i income up to 28 thousand euros, and then to drop down to 40 thousand euros, a reduction in the tax wedge had already taken place with the Renzi bonus of 80 euros per month / IRPEF bonus of 100 euros per month, now forfeited in the reform.