Confindustria’s five levers to put businesses back at the centre

Confindustria launches five priorities for the Italian economy. Five levers to put the business back at the center and promote growth: energy; dimensional growth of Pmi; development contracts and innovation; simplifications and reform of 231; adequate resources for the objectives. He asks Confindustria to political and social forces by proposing a act of national responsibility.

Confindustria: “Return to nuclear power and unlock photovoltaic systems”

The first lever is energy, explained the industrial leader, Emanuele Orsiniin the report to the annual meeting, asking to bring it back to the exclusive competence of the State, to accelerate the return to nuclearto unlock areas suitable for installations photovoltaic ed wind farms of large size and authorizations for renewable.

Dimensional growth of companies

The second lever to be activated, Orsini observed, is an industrial policy oriented towards the dimensional and technological growth of companies small and medium-sized enterprisessustainable on a fiscal level, which is pursued through an increase in tax incentives to mergers and acquisitions. Confindustria also calls for the extension of thehyper-depreciation and to also include business investments in the incentives software e cloudessential to accelerate digitalisation and adoption ofartificial intelligence.

Development contracts and AI plan

The third lever to focus on to return to growth is the strengthening of development contracts: industrialists propose to selectively increase tax rates strategic technologies and to extend the experimentation and rapid application of theartificial intelligence in all supply chains manufacturing. We need a project AI training to be started in the second level of high school, for all young people.

Simplifications and reform of 231

And then there are the simplifications and the reform of law 231 on the administrative responsibility of entities. THE’regulatory instabilitysecond Confindustriait is “an ancient evil”. And we need to promote and replicate the model Six unique items that worked: “nearly 1,300 unique authorizations in just over two years produced over 55 billion of overall economic impact and beyond 60 thousand jobsdirect and indirect. With one public spending slightly higher than 5 billion“.

Resources adequate for objectives

The fifth lever to activate is that of adequate resources to the objectives starting from tax which is a competitiveness lever. They exist 575 tax measures which erode approximately 120 billion of taxable base. Hence the proposal: “Let’s work together on these measures, some of which have lost their raison d’être or overlap with each other. Let’s analyze them together. And let’s identify the 20 billion to be reallocated, without increasing the debt: one third per growtha third to healthcarea third to school“. And then we need to mobilize capital they investmentsalso with tax incentives, the relaunch of Pir and the introduction, as soon as possible, of savings accounts and investment aimed at natural persons.