Biagio Bossone et al — Fiscal Debit Cards and Tax Credit Certificates: The Best Way to Boost Economic Recovery in Italy (and Other Euro Crisis Countries)

Brunello’s proposal shares many analytical premises with the one we have articulated in a public appeal published at the end of last year, concerning the issuance of tax credit certificates as a means to inject new purchasing power in the economy without creating new debt. [1]

We set out to compare the two proposals in today’s comment. This will offer readers a better understanding of their relative pros and cons but even more importantly to our purpose, it will give us an opportunity to discuss key elements of Brunello’s idea, which we think can be usefully incorporated into ours leading to a new much more powerful proposal.

EconoMonitor
Fiscal Debit Cards and Tax Credit Certificates: The Best Way to Boost Economic Recovery in Italy (and Other Euro Crisis Countries)
Biagio Bossone et al