(Finance) – “The syllogism inflation rates must necessarily be revised. If today we look at company balance sheets we will notice that among the first cost items we find the Financial charges. When a cost component increases, in this case the one determined by the increase in mortgages and loans, the company will try to shift it onto revenues by raising prices and therefore creating inflation. The most direct solution to support the country’s economy and families Italian is to obtain a drastic reduction in interest rates in order to lighten the impact they have on mortgages. Especially when we are faced with inflation, like the one that affected Europe, generated by the lack of supply and not by excessive monetary circulation”. These are the words of the lawyer Giovanni Lombardi Stronatipresident ofEuropean Observatory on Investment Capital during the focus on “Rate increase, what future for businesses and families”.
“A further mistake made by the EU was to raise rates too quickly, twice by 0.50 in a short time. To appreciate the effects of the increases on theinflation – underlined Lombardi Stronati – we need to wait at least a couple of years. In economics the rules of the game cannot be changed so suddenly as there is a risk of generating imbalances market. Money must be paid little and there must be stability because only in this way can thereal economy and not speculation.”
On the topic of reform of tax and evasion, the president of Oeci warns: “Let there be evasion in Italy it is absolutely true but we are not the worst placed country in the world. If we go and look for the capital hidden in tax havens, I remember the Panama papers, we will see that the Germans and French are evading even more than us, just to stay in Europe. Rather theemergency is that of a mass of uncollected debts, approximately 1300 billion euros, which should make us think. Such a large sum accumulated over time, with all the means available to theRevenue Agency, it means that there is something that needs to be reviewed in the entire tax system. We need a ‘fiscal peace’ measure on disputes, not an amnesty, which is less timid than the one proposed last year. We need a real ‘social pact’ – reiterates Lombardi Stronati – which provides for an aggressive fiscal peace whose proceeds for the state coffers are used for a more incisive cut of the tax wedge. Only in this way will we be able to obtain a progressive reduction in the tax burden with more reasonable percentages that induce taxpayers to pay the right amount”.