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BackLega: proposals for the maneuver, from the banks' contribution to the flat tax of 100 thousand euros
Lega: proposals for the maneuver, from the banks' contribution to the flat tax of 100 thousand euros
Politics
Il Sole 24 Ore50 minutes agoPolitics2 min readItalyView original

Lega: proposals for the maneuver, from the banks' contribution to the flat tax of 100 thousand euros

From the 5% levy on bank profits to raising the threshold for self-employed workers, up to greater resources for security: the priorities of the League for the financial sector.

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The League presented its priorities in Rome in view of the manoeuvre, proposing a 5% contribution on bank profits, the raising of the flat tax for VAT numbers to 100 thousand euros and more funds for security.

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Why It Matters

The League held a two-day meeting in Rome entitled 'In your defense - towards the 2027 budget' to define the political priorities in view of the budget maneuver.

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5% contribution on bank profits, flat tax for self-employed workers with revenues of up to 100 thousand euros, plus resources for security. These are some of the proposals relaunched by the League during the two days (titled "In your defense - towards the 2027 budget") dedicated in Rome to the party's priorities in view of the budget.

When asked whether a levy on banks is feasible in the short term, to reduce energy costs, Matteo Salvini answers dryly: "Yes." Shortly before, the leader of the Northern League followed in the front row the speech by senator Claudio Borghi on the opportunity of a contribution from the banks. When Borghi expressly talks about it from the stage, a loud applause erupts from the audience (mostly Northern League executives and administrators and representatives of investee companies). «Is it so wrong to ask the banks for 5%? – asks Borghi – Even our friend Sanchez, on whom we don't agree on anything, proposes it. It would be a revenue of around 2 billion for a sector that has made 50 billion in profits for three years, we are not talking about expropriations, we are talking about a small contribution to give a minimum of relief to Italians." All without excluding a new solidarity contribution on extra profits in the energy sector, in the wake of the one introduced for 2024 ("There was already a law from the Meloni government two years ago - Borghi further explains - It was a 'one-off' but it could be proposed again. We need to do the math").

But the League is also working to raise the flat tax threshold for VAT numbers from 85 thousand to 100 thousand euros in revenues. «The European Union has decreed 85 thousand euros as the maximum turnover threshold» for remaining in the flat rate regime, «I hope that the government asks to increase this threshold» urges Armando Siri (national manager of the League Departments), for whom the Flat Tax, a reform that bears the Northern League's mark, has demonstrated that «a simpler and more sustainable tax system can increase fiscal loyalty and create a virtuous circuit in the self-employment economy». Numbers in hand Siri claims that "today, more than 50% of all those who open a VAT number choose this tax system". And, «thanks to the flat tax at cash level we have 2.5 billion euros more than what was thought on paper, and we have reduced litigation».

But the League pays particular attention to the issue of security, so as not to be overtaken on the right by General Vannacci. And he announces with the Undersecretary of the Interior Nicola Molteni six proposals in view of the next maneuver. Among the points: strengthening of the "Safe Roads" operation with another 3 thousand soldiers, to reach at least 10 thousand units garrisoning cities and stations; 100% turnover for law enforcement and firefighters, with resources for extraordinary hiring and social security. And even more funds for the video surveillance of the Municipalities, for the fight against drug dealing, degradation and youth crime, for the reform of the local police and for the creation of new CPRs, one per region.

Salvini's meeting with the "rebel" governors on Wednesday afternoon

What to Watch

AI outlook — possibilities, not facts

  • Meeting between Salvini and the governors of the League

    Very likely · Within days

Open Questions

  • How will the government react to the bank levy proposal?
  • Will the European Union accept the flat tax threshold of 100 thousand euros?

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This article was originally published by Il Sole 24 Ore.

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