Here is the maneuver stamped. All full text
The first maneuver of the Meloni government is about to arrive in Parliament after receiving the accounting stamp and the signature of the President of the Republic. Here is the full document
The first Maneuver of the Meloni government is about to arrive in Parliament, after receiving the stamp of the Accounting Office and the signature of the President of the Republic Sergio Mattarella.
It is now ready for a parliamentary rush and the green light by the end of the year. Compared to the last draft, the text rises to 174 articles, but there are no major changes, the system is essentially the one set up by the MEF and the increase to 60 euros of the threshold for accepting cash payments also remains unchanged, at the center of a comparison with Brussels.
The news
Among the new features, however, are two funds for cybersecurity and 50 million for Metro C in Rome.
Resources for 35 billion
For the rest, the approximately 35 billion euro plant is confirmed – three quarters committed to aid against high energy costs – which cuts the basic income but for the remaining eight months makes it combinable with occasional jobs.
Power
21 billion will counter the expensive bills until March. Improper charges on electricity bills disappear (such as nuclear disposal costs) and the social bonus is strengthened (the Isee threshold goes from 12,000 euros to 15,000 euros). The tax credit for businesses has also been strengthened. On the other hand, the fuel discount has been halved since December (from 30.5 to 18.3 cents).
Work and wedge
It is the most expensive measure after energy: over 4 billion, which will cut the wedge by 2 points for incomes up to 35 thousand euros, by 3 points for those up to 20 thousand euros. There is also an incentive for hiring: no contributions for those who hire women, young people under 36 or recipients of basic income. Job vouchers are also arriving in the agricultural sectors, in the Horeca sector and for housework up to 10 thousand euros.
Tax and Flat Tax
The concessions for buying first homes for the under 36s are also confirmed for 2023. The ceiling for cash is also increased, which rises to 5,000 euros, and the threshold beyond which merchants are obliged to accept cards and is raised to 60 euros. ATM. The raising of the flat tax threshold from 65,000 euros to 85,000 euros was also confirmed for the self-employed, who will also have a flat tax for income increases of up to 40 thousand euros.
Pensions
The indexation mechanism is revised, including the minimums increased to 600 euros. For new exits, the "flexible early retirement" (or Quota 103) is introduced with 41 years of contributions and 62 years of age. But there is a "ceiling" which, until reaching retirement age, cannot exceed five times the minimum pensions. The "Women's Option" is extended by one year, but only for three categories: caregivers, at least 74% disabled, employees of companies in crisis. Added to this is the raising of the leaving age from 58 to 60: it will decrease on the basis of the number of children by one year for each child, up to a maximum of two.
businesses
The guarantee fund for SMEs is refinanced with 1 billion. The IPO bonus, a tax credit to encourage the listing of SMEs on the stock exchange, is also extended. The suspension of the entry into force of the plastic and sugar tax has also been extended for 2023.
Extra profits
The tax becomes a "solidarity contribution" to be paid by subjects who produce, import or sell electricity, gas and petroleum products in Italy. The contribution is 50% of the 2022 income which exceeds the average 2018-21 income by at least 10%. 7 thousand companies are affected.
Inflation
To help families, VAT drops from 10 to 5% for baby products and feminine hygiene products. A fund of 500 million euro is also set up for the "spending savings card" for incomes up to 15 thousand.
School and health
For the school, Minister Valditara announced, there are about 530 million more than last year. Among other things, the restoration of the contribution to equal schools (70 million) and 24 million to disabled transport is envisaged. New resources are also planned for healthcare (1.4 billion for 2022 and 500 million for 2023).
Local authorities and transport
Approximately 3.1 billion is allocated for local authorities, including public transport. Check a fund (160 million) to combat soil consumption. For the bridge over the Strait, the reactivation of the company Stretto di Messina spa in liquidation, established in 1981, is envisaged. Furthermore, the expected upward updating of the amounts of road fines is avoided.
THE FULL TEXT OF THE BOLLINATA MANEUVER
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/ecco-la-manovra-bollinata-tutto-il-testo-integrale/ on Wed, 30 Nov 2022 07:26:18 +0000.