MALVEZZI: I TELL YOU IN, IN A FEW GRAPHS, THE TRUE FISCAL PRESSURE
Valerio Malvezzi in his videos he finally says a few truths about tax burden in Italy and compared to other EU countries: "I'm tired of hearing about newspapers, influential commentators and so on, the fact that the tax burden in Italy is about of 40%: 1. What is the historical Italian tax pressure ? From 1980 to 2020, the tax burden increased from around 30% to around 43% . It means that we have taken away the possibility of companies to compete. 2. What is the current theoretical tax burden in Italy (year 2021)? About 42.50% which will become 43% in 2021. Everywhere, including graduation sessions in which I had to shut up, they speak of 40%. 3. What is the real comparative tax burden? The data gives us the truth. Switzerland at 28.8%, the UK 30%, the 'Netherlands 41%, Germany 48%, Italy and France are about 60%. This is public data , go check it out. 4. How is the effective tax breakdown in Italy composed? The largest share is the tax on labor. So do you understand why Germany has 40,000 beds and Italy has 6,000? Because Germany has more than 10% less taxation. Billions and billions that can be spent differently. But how can we compete with the Netherlands which are 20 percentage points less than us? "
How can we talk about fair competition between companies when the differences in taxation are of this size? It is not possible for our companies to survive without a complete overhaul of the tax system.
Have a good listening
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The MALVEZZI article : I TELL YOU IN, IN A FEW GRAPHS, THE REAL TAX PRESSURE comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/malvezzi-vi-dico-in-in-pochi-grafici-la-vera-pressione-fiscale/ on Sun, 25 Oct 2020 14:58:48 +0000.