September 1, 2015 – Il Sole 24 Ore published an article by SEP Senior Fellow Lorenzo Codogno, in which he discusses various forms of taxation and their impact on the economy. With respect to the cut on the communal service tax (TASI), he argues that the idea of such a measure rescuing the real-estate sector and sparking growth might be false. He asserts that while real-estate is important, factors that result in sustainable growth for the sector include increases in income and savings. A measure that would stimulate the entire economy would be a reduction in the taxation on workers, rather than smaller cuts on property taxes.
- The full article (in Italian) is available from Il Sole 24 Ore.