Tax wedge, free the trial for six months. Conte: More money for 16 million citizens.

the ROME - free Way of the Council of ministers to a reform of the tax wedge. But only for six months. The text approved in the evening, from Palazzo Chigi, has on an experimental basis beginning in July and more money in the paycheck for those who earn in the range of from 8 thousand to 40 thousand euros. The decree provides for the allocation of 2.9 billion for 16 million workers, employees of Italian in the second half of 2020. The new earners will be a total of 4.3 million.

"We have just approved a decree that allocates 3 billion for the reduction of the tax wedge, putting more money in the pay envelopes of 16 million workers. Let us go forward responding to the needs of citizens seriously and made concrete," he wrote in a tweet, the premier Giuseppe Conte.

The technical report explains that "the regulatory action applies be limited to services rendered from 1 July 2020 to 31 December 2020, pending a review of the instruments of income support". The covers for 5 billion are, however, already guaranteed by the law of the Budget by 2020.

The gain, according to a draft of the decree, can reach an altitude of 600 euros within 2020 for those with a payroll of up to 28,000 euro. The amount then drops down to 480 euros for anyone who takes 35,000 euros a year. For the area between 35.000 and 40.000 euro per year, the benefit from a maximum of 400 euros up to zero. In addition, income up to 26.600 euro that already enjoy Bonus Renzi from 80 euro per month will increase the integration of up to 100 euro.

"The approval of the decree on the cutting of taxes from the payroll is a great satisfaction also for the cohesion demonstrated by the majority and for the positive dialogue with the social partners. It is a first concrete interventions in the sign of growth and equity that will form the basis of a wider reform of the tax system". It is stated the minister of Economy, Roberto Gualtieri, at the end of the Council of ministers has given the green light to a decree on the cut of the tax wedge.

"there is No better way to begin this assignment, which announce the cut in the tax wedge: more money in your pocket to the workers. 16 million citizens will have more money in the paycheck. The first of a series of interventions to reduce taxes and stimulate the economy," writes the regent of the 5 Star Movement, Vito Crimi.

The Council of Ministers has decided to challenge the law of the Sicilian Region on the re-establishment of the grants annuities, as some of the provisions concerning the pension benefits and the annuities of the President of the Region, the councillors and the regional councillors violate the principle of equality and reasonableness, enshrined in art. 3
of the Constitution, as well as the principles of coordination of public finance and of sincere cooperation referred to in articles 117, third paragraph, and 120 of the Constitution.

The Council of ministers, the outcome of further investigations about the actual impact of the events, has approved a further allocation of euro 25.4 million for interventions in the territories of the Emilia-Romagna region affected by the exceptional weather events that have occurred in the month of may 2019 and an additional budget of about 3 million for interventions in the territories of the provinces of Bologna, Modena and Reggio Emilia affected by the exceptional weather events that have occurred on the 22nd of June 2019.

"also Resolved a further amount of approximately 345 million, for the continuation of the implementation of interventions for assistance to the population still cannot return to their homes, ensuring measures emergency approaches aimed at the revival of the normal conditions of life, and the overcoming of the grave situation that followed the seismic shocks start from the 24th of August 2016, in the Abruzzo, Lazio, Marche and Umbria". This was announced by the press release of the Cdm.

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