Berlusconi promises massive tax refund if elected
PdL vows overhaul at national tax agency, cut penalties04 February, 18:52
"These four billion euros will generate immediate consumption," said Renato Brunetta, a former PdL cabinet minister and one of the party's economic leaders, arguing that the overall value of the refund would be worth up to eight billion euros thanks to a multiplier effect. "That's half a point added to our our gross domestic product". Brunetta proposed "corrective action" for the Italian economy after the national election February 24 and 25.
That would include a refund of four billion euros in taxes charged in 2012 on an Italian's principal residence, under the unpopular IMU levy introduced by outgoing premier Mario Monti.
A PdL government would also curtail the power of the national tax collection agency as well as reduce penalties and lower interest charges against tardy taxpayers, he said.