Pensions, taxes, citizenship income: Maneuver 2022 measures

2022 maneuver approved unanimously by the CDM last night. Green light therefore to measures on pensions, taxes, taxation, citizenship income. “A maneuver for growth”, underlined Prime Minister Mario Draghi, who then illustrated the main measures. Read also TAX AND TAXES To reduce the tax wedge and IRAP, a total of € 8 billion is envisaged, of which 6 with a new budget allocation and 2 billion already allocated previously. With an allocation of 650 million, the plastic tax and the sugar tax are postponed to 2023. The premium on the collection for operations subsequent to January 1 will be paid entirely by the State. The VAT on absorbent products for feminine hygiene is reduced from 22% to 10%. 2 billion euros are allocated in 2022 to contain the increase in energy costs. “As regards taxes, we provide about 12 billion to reduce the tax burden: not 8, but 12. Eight billion are available for a targeted action to reduce corporate and personal taxes, the tax wedge: there are various hypotheses that we will define with Parliament in the coming weeks. In the three-year period 2022-2024, in cumulative terms, we allocate almost 40 billion euros for the reduction of taxes, these are figures that have never been allocated. Twenty-four billion of these 40 are used for the intervention on the wedge, the rest includes tax incentives that we give to families and businesses for investments in real estate, technology and digitalization ”, adds Draghi. SOCIAL POLICIES: DRC, PENSIONS AND SHOCK ABSORBERS Citizenship income is financed with an additional billion euros each year, confirming the amount of funding at the 2021 levels: controls are strengthened and corrective measures are introduced to the payment methods, which provide for a review of the discipline of suitable job offers, a decalage of the monthly benefit for employable subjects, contribution relief for companies that hire income earners and tax benefits for intermediaries. with a requirement of 64 years of age and 38 years of contributions. The ‘Woman Option’ is extended and the social EPA is extended and extended to further categories of subjects who have carried out heavy work. “As for pensions, the government’s commitment is to return in full to contributory. Quota 100 ends at the end of this year, the budget law provides for a transition to quota 102, with 38 years of contributions and 64 years of exit . We have strengthened the Woman Option and the Social Ape, expanding the range of subjects who can use it – underlines Draghi -. the interior of which many things can be adjusted. The first is the flexibility in leaving, the second is to recover all those who have retired and work illegally at work because they are punished if they work. The third is to rebalance the pension ratio of young people, today unbalanced towards “very low” figures. But all this within the contribution “to ensure” the sustainability of the pension system over time. There will be an intense discussion with other parties. ociali, Parliament, everyone. ”Then, answering the reporters’ questions, Draghi said:” As far as pensions are concerned, I don’t expect a general strike, it depends on the trade unions but it would seem strange to me that they did it given the willingness of the government. But the issue is in the hands of the trade unions. “With an expenditure of around 3 billion euros in 2022, the reform of social safety nets is also implemented, with an increase in unemployment benefits and an extension of ordinary and extraordinary wage integration institutions. workers of companies currently not included, as well as apprentices and home workers. There are incentives for the use of solidarity contracts and the extension for 2022 and 2023 of the expansion contract with the extension to all companies that employ more than 50 employees. The 10-day paternity leave is made structural. PUBLIC INVESTMENTS Approximately 70 billion are allocated for investments by central and local administrations from 2022 to 2036: the resources are destined for the completion of the railway infrastructures, for the subways of the large urban areas, for the motorway infrastructures already underway and for their extraordinary maintenance a and safety measures, as well as interventions for the protection of cultural heritage and for school buildings. Resources are allocated for the Jubilee of Rome and for the Milan-Cortina Olympics. The endowment of the Development and Cohesion Fund for the period 2022-2030 is increased to a total of 23.5 billion. Interventions for the private reconstruction of the areas affected by the earthquake in Central Italy are refinanced with approximately 6 billion. PRIVATE INVESTMENTS AND BUSINESSES As regards private real estate investments, the 50% and 65% incentives and the related increases are extended until 2024 at the same rates. The 110% incentives are extended to 2023 for condominiums and IACPs, with a reduction to 70% in 2024 and to 65% in 2025. For other homes, the 110% incentive is extended for the second half of 2022 to the main homes of individuals with the provision of an ISEE roof. Incentives for facades are also confirmed in 2023 with a subsidized percentage of 60%. Transition 4.0 measures are extended and reshaped until 2025. The SME Guarantee Fund (for 3 billion euros), the so-called ‘ Nuova Sabatini ‘and measures for the internationalization of businesses. The possibility of transforming Deferred Tax Assets (DTAs) into tax credits is extended until June 30, 2022, with the same percentage and a maximum limit for each transaction. HEALTHCARE For 2022, approximately 1.8 billion are planned for the purchase of anti-Covid vaccines and medicines. The National Health Fund is financed with an additional 2 billion euros each year until 2024. Additional resources are allocated to the fund for innovative drugs, for a total of 600 million over the three-year period. Scholarships for medical specialists are significantly increased and permanently increased to 12,000 per year. The bodies of the National Health Service are authorized to stabilize the staff hired on a fixed-term basis during the emergency. SCHOOL, RESEARCH AND UNIVERSITIES The endowment of the ordinary funding fund for the University and the Italian Science Fund is increased and a new Italian Fund for Technology is created. Funds for research institutions and the National Research Council have increased. The contribution to the research costs of companies, now scheduled until 2022, is reformulated and extended until 2031. The extension until June of the fixed-term contracts stipulated by teachers during the Covid-19 emergency is arranged. Additional resources are provided for free textbooks. The introduction of the teaching of physical education for fourth and fifth grade classes is financed. REGIONS AND LOCAL BODIES A total of about 1.5 billion is allocated to, among other measures, increase the Fund for Local Public Transport and provide additional resources for local authorities to guarantee the essential levels for nursery schools and maintenance. of the provincial road network. YOUNG PEOPLE Permanent funding of the Culture Bonus for 18-year-olds is envisaged. The tax incentives provided for the purchase of a first home by the under 36s are extended throughout 2022 and financed by the Youth Rentals Fund and the Fund for Youth Policies. PUBLIC EMPLOYMENT Permanent financing of a recruitment fund with 250 million euros and an increase in ancillary salary for 360 million are arranged. Additional resources are foreseen for the training of civil servants.