Irpef, those who earn from 55 thousand euros and above pay 42% of the tax income, but they do not get anything back

Those earning from 55,000 euros and above are responsible for around 42% of the tax revenue only and get nothing back. Out of a population of 59,030,133 resident citizens, 42,026,960 filed a tax in 2023. Just over half of Italians paid at least one euro of Irpef. 75.57% of the entire Irpef falls on 24.20% of taxpayers, ie those with an income of 29 thousand euros and above. While 75.80% of Italians mention from zero up to 29 thousand euros, corresponding to only 24.43% of the entire Irpef. The situation is raised bySocial Security Pathways Observatory on tax revenue, created by the Study and Research Center chaired by Alberto Brambilla. “Those who earn, for example, from 55,000 euros and above (today a little more than 5% of the total) only carry the burden of around 42% of the income -in tax and they don’t get anything back. The new move makes the situation worse, with cuts to the maximum deductions starting from 75,000 euros which, in effect, represents an increase in taxes for those who contribute more. Thus an alarming message is conveyed: that in Italy it is not worth being excellent, product or innovation. Instead, it’s better to run and hide.” confirms Stefano Cuzzilla, president of Cida, among the sponsors of the research.