Italy’s chairman of the House Budget Committee Claudio Borghi told La Stampa newspaper, as the party’s plan for 2020 elections, there will be cut in personal income tax and freeze in VAT. And, budget deficit will stand at 3% of GDP.
He said that the 15% tax cut must be “achieved gradually”. Though, he added “we must start immediately and guarantee it to many”. He’s aiming at net tax savings of EUR 10-15B.
League leader Matteo Salvinin pulled the plug on coalition government with 5-Star Movement last week. Borghi said the possible government of the League is “already ready”.
