In view of the 2027 Budget maneuver, there are already numerous proposals on the table. Among the hottest topics are incentives aimed at young people, designed to enhance their work and stem the hemorrhage of talents who leave the country every year. On one hand, the Minister of Economy Giancarlo Giorgetti has proposed the possibility of a reduced tax on salary increases, while on the other hand Stefania Craxi, leader of Forza Italia in the Senate, has proposed the abolition of the IRPEF under 30 and the merit income.
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Giorgetti’s proposal
As highlighted by the Minister of Labor Marina Calderone, “the ability to offer young people employment and opportunities for professional growth is fundamental, as is the ability to attract and bring back to Italy skills gained abroad. These are essential conditions for the country’s future competitiveness.” For Calderone, therefore, it is necessary “to ensure that more and more qualified young people can build their future in Italy” and for this reason “within the framework of the 2027 Budget law, in addition to renewing the commitment on the front of reduced taxation, contractual increases, and rewards, we will also include specific measures to support young people and young returnees and their incomes.”
Giorgetti’s proposal to introduce a flat tax for young people on salary increases goes precisely in this direction: “It is absolutely evident that the problem is that, upon entering the workforce, young people’s salaries are too low. I think we need to make a proposal for a tax advantage, which aligns with a willingness on the part of employers and entrepreneurs to recognize more adequate wages,” he said while speaking at the Lega event “In your defense – towards the 2027 Finance Act.”
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“In the last Budget law, with great success, we implemented a policy of this kind, whereby everyone who renewed their work contracts was granted a 5% tax rate with a flat tax,” explained the head of the Ministry of Economy and Finance. “In my opinion,” the minister continued on the occasion of “In your defense,” “something similar can be done with an agreement between entrepreneurs and employers who invest in young people, thus increasing their salaries, and on these salary increases the state could apply a reduced tax, a sort of flat tax.”
Forza Italia’s ideas
The president of the Forza Italia senators, Stefania Craxi, announced that in “Free Italy,” the package of growth measures devised by the party, great attention will be paid precisely to young people, with two bills to be presented on the occasion of Azzurra Libertà, the national festival of Forza Italia Youth to be held between September 11 and 13: one will focus on the abolition of the IRPEF under 30 and the other on merit income, an economic contribution dedicated to students who achieve excellent academic results.
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