Padoan mocks Berlusconi's flat tax proposal

Need financial coverage to lower taxes, says economy minister

(ANSA) - Brussels, January 23 - Economy Minister Pier Carlo Padoan on Tuesday mocked Forza Italia leader Silvio Berlusconi's proposal to introduce a flat tax for households and businesses if the centre right wins the March 4 general election. "When you lower a tax you need (financial) coverage and so you have to put that on the table," Padoan said at the end of a ECOFIN meeting. "It is one of the proposals that need a magic wand or a fairy because they are miraculous, often fun to listen to".
    Padoan is set to stand for the centre-left Democratic Party (PD) led by ex-premier Matteo Renzi in the March 4 general election.
   

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