The 2022 budget bill that Premier
Mario Draghi's government is working on is set to include eight
billion euros in tax cuts, several sources in the executive said
on Tuesday.
The tax cuts will be concentrated on income-tax IRPEF, the
sources said.
However, some of the parties supporting the administration
called for even more money to be devoted to cutting the
labour-tax wedge during a so-called 'control room' meeting of
their representatives on Tuesday before a cabinet meeting
convened to give the green light to the package.
The budget is expected to feature around 25 billion euros worth
of new measures.
It is also tipped to contain measures to make the 'citizenship
wage' minimum-income benefit less susceptible to fraudulent
claims.
There is also talk of the 'quota 100' system, which enables some
groups of workers to start claiming their State pension early if
the sum of their age and years of social-security contributions
adds up to 100, being replaced by one which would require this
sum to equal at least 102.
The government had said it would change the quota 100 system for
being too costly for the State.
The 'quota 102' option might be a way to have a temporary
stepping stone to a system in which everyone would have to reach
the full retirement age of over 67 to start claiming a State
pension.
The government must present an outline of its 2022 budget to the
European Commission shortly.
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