(see related story on new hires) Junior Economy Minister Enrico Morando said Monday that the government was studying ways to cut the labour tax wedge - the difference between workers' take-home pay and the total cost to firms to employ them - starting from 2018. He said these would kick in as the suspension of social-security contrubutions for some groups of newly hired workers are phased out.
"The social-security breaks were effective and extraordinary but not it's time to enter a new phase and think about reducing the tax wedge in a structural way".
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