Since last October 1 has been triggered by the increase 21% the 22% dell'Iva (Value added tax).
A recent analysis of Confcommercio has analyzed the impact on the national economy in general (consumption, prices, tax revenue, production, employment and income) and specifically on household incomes Italian.
The Research Department of the Association which carried out the survey, indicates the intensification of the already dramatic situation of consumption who have closed the 2012 with a negative sign corresponding to -4,3%, and the forecast for the end of this year a further negative result of the -2,4%.
The investigation alleges essentially a repetition of the error made at the end of the 2011 with those born in the five years from the passage of the VAT from 20% the 21%, which has meant that, in terms of the fall in consumption, the 2012 was the worst year in the history of the Republic.
Regarding the impact on prices, per fine anno inflation is expected to increase the 0,4%, while the impact on tax revenues, reads in the analysis, contraction in demand would lead to a reduction in the VAT revenue expected.
For the same reason it would in anticipation a loss of approximately 10 thousand jobs, and the risk of closure for many activities, Already harassed by a high cost of labor and the non-payment of debts by the Public Administration.
For low-income families the pressure VAT (relationship between taxes paid and income) generate a strong penalty. Just think of the Istat data, relative to 2012 and disseminated recently, about the decline in disposable income of households with a decrease in the 4,7%. This is the worst drop since the beginning of the time series used as a reference by the Research Institute (1990).
Slippage that, consequently saw lower propensity to save in the same year to 8, 8 to 4%, 8% of 2011.
Alex Gaetani
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