It is worth around 26 billion and, between the folds of the accounts, it tries to bring together the priorities of its allies, the prudence of the Treasury and its promises to voters. The 2027 budget of the Meloni government ranges from healthcare to personal income tax, from parental leave to the piggy bank for newborns. The League signs the expansion of the flat tax and a pension fund, while the abolition of road tax becomes definitive for less powerful cars. And there is also a concession to the imagination of motorists: personalized license plates, choosing letters and numbers, for those who want to pay a supplement. The package will be financed above all by the flexibility negotiated with Brussels and the contributions requested from banks, insurance companies and energy majors. Added to this is a billion in cuts to the expenses of the ministries and Palazzo Chigi.
Here are the main measures.
HEALTH, 5 BILLION BETWEEN FUND AND ELDERLY VOUCHERS - The National Health Fund grows by 3.4 billion, reaching 146.3 billion in 2027. Part of the resources will go to the salaries of emergency room doctors. There is also a 300 euro voucher for those over 75 with pensions of up to 28 thousand euros per year, intended for health expenses not covered by the NHS, such as dental ones. The measure is worth 1.6 billion and affects 5.5 million people.
IRPEF, DISCOUNT FOR THE MIDDLE CLASS - The second bracket at 33% extends from 50 thousand to 55 thousand euros, with a maximum saving of 500 euros per year, which - in the government's calculations - rises to 1,200 if the cuts from 2022 are considered. Raising the threshold to 60 thousand euros would have cost 2.7 billion, against the 1.2 allocated.
FAMILIES, MORE LEAVE AND A TREASURE AT BIRTH - An extra month of parental leave paid at 80%, for a total of four months, which become five for the second child and six for the third. For each newborn, the INPS will also open a piggy bank with 100 euros paid by the State each year, which can be fed by family members and can be used from 18 years of age for studies, activities or supplementary pensions. The sums will be tax-free and non-attachable. However, after 2027 the measure will have to be refinanced.
UNDER 30, PAYSLIP BONUS - For young workers there is 2,500 euros taxed at 1%, payable in a single payment or in twelve months.
RENTALS, TAX DISCOUNT FOR THOSE FOCUSING ON YOUNG PEOPLE - The flat rate on contracts with agreed rent drops from 10% to 5%, up to 1% for those who rent to under 35s. That on commercial properties also makes its debut, at 21%.
PENSIONS, THE LEAGUE AIMS FOR 64 YEARS - An 850 million fund will strengthen exit flexibility for workers in the contributory system. The details, including the hypothesis supported by Matteo Salvini of retirement at 64, will be defined in the parliamentary process.
VAT NUMBER, THE FLAT RATE IS EXPANDING - The revenue and compensation threshold rises from 85 thousand to 100 thousand euros. To also extend the VAT exemption, the European green light will be needed.
RESOURCES IN THE SOUTH, DISCOUNTS ON RECRUITMENTS AND CONTRACT RENEWALS - The single Zes obtains 2.4 billion, while one billion will finance energy at more sustainable prices for SMEs. The super deduction of labor costs rises to 140% for the hiring of young people and to 180% for those of working mothers. Sugar tax and plastic tax postponed for six months. However, the concessions on contract renewals and performance bonuses have been reconfirmed.
HOME, BONUSES ON WORKS REMAIN - Deductions for renovations have been extended to 50% for the first home and 36% for others. The furniture bonus of up to 5 thousand euros has also been confirmed.
SCHOOLS, COOLER CLASSROOMS - European energy flexibility will finance sustainable rail mobility but above all air conditioning and heat pumps in schools, as well as the energy efficiency of universities, hospitals and sports facilities. Calls in 2027, resources from 2028.
CARS, GOODBYE TAX AND CUSTOM PLATES - The exemption for cars up to 80 kilowatts and for motorbikes, equal to 70% of vehicles in circulation, becomes structural. Motorists will also be able to personalize their license plate for a fee.
HEDGES, THE ACCOUNT BETWEEN BRUSSELS AND BANKS - Around 12 billion comes from the spending margins obtained with European flexibility. Another 5.5 billion from the financial sector and the Tobin tax: IRES rises to 30.5% for banks and 27% for insurance companies, excluding cooperative credit banks and cooperative banks. Added 700 million from energy companies, as many from gaming and a billion in cuts to ministries and Palazzo Chigi.
