Rome, 11 November (LaPresse) – The IRPEF cut "will affect around 13.6 million taxpayers, around three quarters of whom declare incomes of less than €50,000. It is therefore a measure tailored to the central block of income distribution, certainly not to the wealthy." This was stated by Deputy Minister of Economy Maurizio Leo in an interview with Il Sole 24 Ore. The controversy arose mainly around the estimates proposed by Istat, according to which over 85 per cent of resources go to the families in the top two fifths of the income distribution. Is this analysis acceptable? ‘No, because it is not methodologically consistent with the IRPEF (personal income tax) system, which considers equivalent income quintiles and therefore an indicator that reflects family size. But IRPEF is a personal and progressive tax, and the redistributive assessment must be conducted on individual incomes, not family incomes.’
© Copyright LaPresse
