The government's DEF economic
blueprint paints an "optimistic macroeconomic picture in the
light of the current trends of the international economic cycle"
and is "not reassuring" nor "in line with debt rules" on
bringing down the debt/GDP ratio, the Audit Court said Tuesday.
Court President Angelo Buscema also said discounts and
amnesties "affect the equity of the fiscal system".
It said they might also "introduce new distortions in the
choices adopted in the world of work".
Buscema was speaking to parliament in a hearing on the update
to the DEF, which sets Italy's three-year budget plans.
He voiced the hope that a "more structural revision of the
tax system" would be forthcoming.
Buscema also said social-security measures against poverty
should be adopted "without putting at risk the financial
sustainability of the system".
He was referring to a basic income and a pension reform
overhaul.
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