Italy : Selected Issues.

This Selected Issues paper uses the tax-benefit microsimulation model for the European Union (EUROMOD) to evaluate possible reforms to modernize Italy's social safety net as well as ways to lower the tax wedge on labor. With a social safety net centered on pensions and the elderly and an array...

Descripción completa

Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. European Dept
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2019.
Colección:IMF Staff Country Reports; Country Report ; No. 2019/041
Acceso en línea:Full text available on IMF
LEADER 01981cas a2200241 a 4500
001 AALejournalIMF019060
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781484397787 
022 |a 1934-7685 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund.  |b European Dept. 
245 1 0 |a Italy :   |b Selected Issues. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (19 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This Selected Issues paper uses the tax-benefit microsimulation model for the European Union (EUROMOD) to evaluate possible reforms to modernize Italy's social safety net as well as ways to lower the tax wedge on labor. With a social safety net centered on pensions and the elderly and an array of income support schemes as well as a heavy tax burden falling on labor income, there is significant scope to improve Italy's system of taxes and transfers to promote growth and inclusion. The paper also simulates the cost of a modern safety net using EUROMOD. The paper also provides an overview of Italy's personal income tax regime, simulates the cost of moving toward a flatter regime that has previously been proposed by the government coalition and discusses some key reform principles. It is concluded that Italy needs a modern social safety net and a lower tax wedge on labor as part of a growth-friendly and inclusive fiscal consolidation package. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2019/041 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2019/041/002.2019.issue-041-en.xml  |z IMF e-Library