Declining Italian GDP: Unimpresa calls for tax cuts for businesses

Current state of the Italian economy

The downward revision of the GDP growth to +0.6% year-on-year highlights the fragility of our economy. It is essential to adopt expansive fiscal policies to stimulate internal demand and support productive activities. The president of Unimpresa, Giovanna Ferrara, emphasizes that reducing the tax burden on families and businesses is crucial for promoting investments and consumption, facilitating a more robust and inclusive recovery.

Importance of the ministerial clarification

The clarification from Minister Giorgetti regarding the absence of new taxes for businesses is essential. This approach reassures those who already contribute to the country’s economic well-being, avoiding further burdens on companies and citizens. Ferrara states, “It is time to support growth, not hinder it with new taxes.”

Support for large businesses

The Ministry of Economy and Finance (MEF) reference to a “extraordinary contribution” requested only from large businesses benefiting from favorable conditions aligns with this line of thought. Ferrara explains that this is not a new tax but rather a request for proportional support from those who have seen their profits increase. This approach aims to protect small and medium-sized enterprises, which are often the most affected by a complex tax system.

A call for bold economic policy

According to the Unimpresa Study Center, the recent revision of the Italian GDP highlights the structural weaknesses of the economy. Concrete measures are needed to relaunch growth in a stable and lasting manner. The president of Unimpresa warns against the risk of stagnation, asserting that decisive intervention is essential to support the country’s productive fabric.

Conclusions and call for dialogue

Reducing the tax burden on families and businesses is not just a necessity, but a strategic choice that can stimulate a virtuous economic cycle. The recent statements from Minister Giorgetti are reassuring for the productive sector, dispelling fears of further tax increases. Maintaining a climate of certainty is vital to encourage investments and strategic decisions by companies.

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