MPs holds third round on 2027 tax package

“There is a lot of fuss about the tax plan of the Jetten cabinet. An amended version of it - due to an amendment by Klaver and Dassen with support from D66 and CDA - was adopted by a narrow majority of the House of Representatives. Why is this left-wing amendment so problematic for the Netherlands? I'll explain it briefly here: 1️⃣ It is presented as "tax relief for workers", while on average it amounts to only €8 less tax increase per worker per month than originally proposed by the cabinet; 2️⃣ It is presented as a "millionaire tax", while it has nothing to do with being a millionaire and instead burdens ordinary Dutch people who, for example, have their own business or build up their own pension even more heavily; 3️⃣ It affects the investment climate, because the burdens on entrepreneurs and companies are increased. This can cause behavioural effects, which will worsen the economy and employment; 4️⃣ Of the €1 billion that this left-wing deal concerned, well over €400 million is uncovered. That money still has to be found next year with measures that do not yet exist or have not yet been implemented, such as an exit tax or an even higher rate in box 3. It is bad for the Netherlands and threatens, because of the additional measures that will have to come on top as a result of the partly uncovered proposal, to become EVEN worse for entrepreneurs, companies and other hardworking Dutch people. Join us this Saturday for a conversation about the future of the Netherlands' earning capacity:”

“It seems like a kindergarten class. In The Hague it's mostly about the problems of politicians, instead of solutions to people's problems. Tackle the affordability crisis. Join in via”