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Flat tax to be launched with next budget

Up to 50 bn to be recouped with 'fiscal peace' amnesty

Redazione Ansa

(ANSA) - Rome, July 25 - The government's 'flat tax' - ain reality a dual tax with rates of 15% and 20% - will be launched with the next budget, Economy Minister Giovanni Tria said at question time Wednesday.
    Tria added that the government's 'fiscal peace' move will recoup up to 50 billion euros.
    He said the fiscal peace tax amnesty would be "to help those most in difficulty".
    Tria added "there are no priorities", saying government action was "comprehensive".
    He also said that the next budget would reduce market uncertainty and that there would be a deficit target aimed at combatting the slowdown in growth.
    The deficit revision would be "limited", he said, and would not weigh on debt.
    Talks have begun with the EU to reframe targets and the deficit won't be over 3%, he said.
   

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