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submitted 6 months ago by myrmidex@slrpnk.net to c/belgium@lemmy.world

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[–] myrmidex@slrpnk.net 3 points 6 months ago

Not entirely correct, I reckon that De Grauwe uses a fictional example to assert his point.

For the exact measures that are currently on the table, I can refer you to this VRT page, which says:

exemption of 10.000 euros in profit
a tax of 10% on all profits above 10.000
And then the exemptions for the "strongest shoulders": For people who own more than 20 percent of the shares of a company, there is an exemption of 1 million euros. The added value between 1 and 2.5 million euros is taxed at 1.25 percent, that between 2.5 and 5 million euros at 2.5 percent and that between 5 and 10 million euros at 5 percent. Only from a profit of 10 million euros you pay the 'full' added value tax of 10 percent.