Overview
- Speaking via video to an industry forum in Bergamo, the economy minister said the government was “massacred” by those with the power to do so after targeting relief at average earners.
- Giorgetti argued that someone earning €45,000 gross a year, about €2,000 net per month, should not be considered rich.
- He said last year’s support focused on incomes under €35,000 with roughly €18 billion, while this year the coverage extends to incomes up to €50,000.
- He emphasized that previous payroll tax cuts have been made permanent and are confirmed for this year.
- Giorgetti called for a serene, objective assessment of the manovra after critiques from the Court of Auditors, Istat, Bank of Italy and the Parliamentary Budget Office.