With less GDP, the tax burden is increasing in the 2018

With GDP slowing, compared to the forecasts made by the main economic institutes a few months ago, already this year the tax burden (generally calculated by comparing the amount of taxes and social security contributions paid to GDP) on Italian taxpayers is destined to to grow up.

“For confirmation, however, we will have to wait for the publication of the update note to the Def scheduled for next September 27th - declares the coordinator of the Studies Office Paolo Zabeo -. In fact, following the slowdown in GDP, it is very likely that in 2018 the tax burden will be higher than the 42,2 percent expected at the beginning of the year. If it goes back to even higher than the result achieved in 2017, we would reverse the trend that began in the 2012-2013 two-year period, years in which the national tax burden had touched an all-time high of 43,6 percent ".

The weight of income tax

Among the taxes that weigh the most on Italian taxpayers we remember those on income (Irpef and additional municipal / regional Irpef) which lighten the pockets of individuals (self-employed, employees, pensioners, etc.) for about 186,5 billion euros per 'year. Capital companies (Spa, Srl, etc.) are also subjected to a significant income tax (IRES) which is worth around 34 billion euros per year.

“To structurally reduce taxes, we must correspondingly cut unproductive public spending - points out CGIA Secretary Renato Mason - and despite the effects of the spending review having been lower than expected, the overall tax burden has begun to decline. Of course, if for some years we had embraced the path of fiscal federalism, most likely the contraction would have been greater. European experiences, in fact, tell us that federal states, such as Germany and Spain, have public spending that is clearly lower than unitary countries and a quality / quantity of services offered to citizens much higher than that of the others ”.

And those on cars and real estate

Returning to taxes, the burden of taxes does not only affect income but also goods that are indispensable for every citizen, such as the house or the car. According to the latest available data, the National Association of Automobile Industry Sector (ANFIA) estimates the tax burden on vehicle owners in various ways (VAT levy on vehicle maintenance and purchase, fuel taxes, car tax, motorway tolls, parking meters, etc.). While our elaboration on Istat data indicates the tax burden collected each year from the owners of all the properties in the country (houses, shops, warehouses, offices, etc.) at almost 73 billion euros (Withdrawal on Imu, Tasi, VAT, inheritances, donations, personal income tax, IRES, dry coupon, etc.).

From the 2014, however, taxes are falling

Since 2014, however, the tax burden in Italy has returned to decline thanks to the growth of GDP and the consequent introduction of the so-called Renzi bonus (May 2014), the elimination of IRAP from the cost of labor (2015) and the cancellation of the Tasi on the first house (2016). In addition to these measures, in 2017 the reduction in the tax and contribution burden also contributed to the reduction of IRES (tax on the income of joint-stock companies) from 27,5 to 24 percent; super-depreciation (at 140 percent); the increase in IRAP deductions; the raising of the thresholds for accessing the minimum system and the extension of the partial exemption from contributions for companies that have hired permanent staff. Among the effects of the structural and temporary measures just mentioned, the total annual relief amounts to over 30 billion euros.

But not for VAT numbers

If since 2011 we have undergone a constant increase in the tax levy, starting from 2014 the trend has reversed, even if the vast majority of the benefits introduced by the Renzi / Gentiloni government have not affected the people of VAT numbers, especially those who do not they have employees who, among artisans and traders, are 70 percent of the total. Therefore, this productive world, bent by the consumer crisis, excessive taxes and the credit crunch practiced by banks, awaits the introduction of the flat tax with great confidence, which should take place with the next budget law.

Micro businesses pay more than big ones

And despite the company size of these companies is very limited, the tax and economic contribution made to the country is very important. With regard to taxes and fees, for example, in 2017, self-employed workers and very small businesses (only those subject to sector studies), have paid 43,9 billions of euros to the tax office (equivalent to 53 per cent of the total of the main taxes). paid by the economic system). All the others, mainly medium and large companies, have instead paid "only" 39,6 billion (47 per cent of the total).

Failing to divide the revenue on the basis of the company size (above / below the 20 employees), the table has estimated the allocation of tax revenue pertaining to companies / self-employed on the basis of the application or not of the sector studies. The analysis takes into account the main taxes. Broadly speaking, 92% of the tax revenue distributed by all the companies present in Italy (83,6 billion) was distributed. The total amount corresponds to at least 90,5 billion. The subdivision of the Imu / Tasi revenue was made on the basis of the social status of the companies: it has been estimated that the share of revenue deriving from individual companies and partnerships (equal to about 2,8 billion) from that deriving from joint-stock companies (equal to about 6,4 billion euros) and then proceeded to assign them to the two sets considered in the table. This is a choice that overestimates the contribution to the tax authorities by companies with a turnover of more than 5 million.

With less GDP, the tax burden is increasing in the 2018

| Economics |