Vincenzo Boccia, the president of
Italian industrial employers confederation Confindustria, on
Wednesday called for the labour-tax wedge for newly hired young
people to be scrapped for three years.
Italy's has a big problem with youth unemployment.
"Set the tax wedge for the hiring of young people to zero for
three years, with the awareness from the off that it should be
reduced for everyone," Boccia told Confindustria's annual
assembly.
He added that "all available resources" should be
concentrated on this.
"We have to launch a big operation to include young people in
the world of work," he said. "Lack of youth employment is our
wasted value".
Boccia also called for productivity bonuses to be made exempt
from tax.
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