Capital gains tax: no, fair taxation: yes

20 April 2017
Bart De Wever

The N-VA remains opposed, in terms of content, to a Capital gains tax This is a tax that is only levied on the profits that a specific or full capital generates, and not on that capital. Examples of specific capital gains taxes are withholding tax on dividends of shares and on interest from savings certificates and bonds. There is a capital gains tax on the full capital in the Netherlands. It is a complex tax that you cannot implement without consideration. After all, a small saver and investor cannot become a victim of it, just like the super-rich may not be allowed to evade it. capital gains tax . “But the idea of fair taxation is a very legitimate idea for me,” says Party Chairman Bart De Wever. Reaching a compromise with the other coalition parties to achieve greater tax justice is therefore definitely possible. One important condition, however, is that this government will continue its reforms in the coming years, including in the socio-economic sphere.

The capital gains tax is being presented as a tax aimed at the richest. In practice, however, it will above all affect the middle class: “people who own a house,” Bart De Wever explains. “Which in this country above all means the Flemish.”

No anti-Flemish tax

Bart De Wever is still diametrically opposed to an anti-Flemish tax like that, he emphasises. But the CD&V claims that with that capital gains tax, it is trying to achieve a fairer tax system. And in the opinion of the N-VA Chairman, a compromise can indeed be found on the negotiating table for the latter. Especially if there are further socio-economic reforms in return for it which strengthen our welfare.

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