Veneto governor blasts government's IMU overhaul plans

Says exempting 70% of taxpayers doesn't go far enough

Veneto governor blasts government's IMU overhaul plans

(see previous) Rome, August 23 - As Italy's creaking left-right coalition government steered toward agreement to overhaul of the controversial IMU property tax, the governor of the northeastern Veneto region slammed the latest proposal for not going far enough. "It isn't enough to exempt 70% of homeowners from the IMU, as maintained by (Regional Affairs) Minister (Graziano) Delrio. This tax should be completely taken away, precisely because it affects as fundamental, precious an asset as the home," said Luca Zaia, a member of the regionalist Northern League party, an ally of Silvio Berlusconi's People of Freedom (PdL) party. Zaia called for streamlining the tax system to a single payment based on the European average tax burden of 46%, which could be "perhaps staggered". "Then the State wouldn't be seen or heard anymore by the taxpayer, not running after him for possible assets like a boat or an SUV or some other good," he said. The chief of economics for Italy's centre-left Democratic Party (PD) told radio listeners on Friday that the government was close to a solution for revamping Italy's IMU property tax. "It is clear that with respect to fairness there will be a different tax burden for those who are better off and for those who have a hard time getting to the end of the month," Colannino added. The tax was reinstated by the previous government led by technocrat premier Mario Monti. Repealing it once more became a campaign promise of Berlusconi, whose PdL roared to second in elections to become the junior partner in the current cabinet. The PdL has threatened to pull its support from the government if the IMU is not rolled back.

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