Overview

• Forza Italia proposes reducing the IRPEF rate from 35% to 33% on annual incomes up to €60,000 at an estimated cost of €4 billion.
• The party would overhaul the tax reduction fund established in 2014 to channel revenues from evasion recovery, concordato fiscale, ravvedimento operoso and higher employment into further tax cuts.
• The plan envisions rationalizing INPS assistance spending without reducing services to maximize the recovery of about €10 billion for tax relief.
• The blueprint calls for incentives to spur both public and private investment in capital goods, research and development as a foundation for job growth.
• Targeted labor measures include raising minimum wages and exempting overtime, production bonuses and contract renewals from taxation.