Comprehensive Tax Reform in Belgium: Addressing Poverty and Increasing Purchasing Power

2023-12-21 11:35:00

The federal government had given itself until July 21 to complete its tax reform. Ultimately, following hours of negotiation, no agreement might be reached. A big disappointment for Elisabeth Degryse (Les Engagés), head of the federal list. “The report presented to the Senate for the fight once morest poverty says that the number of people living below the poverty line in Belgium continues to increase sufficiently. What has been done is not enough. What is missing is a real, ambitious and not just meaty tax reform. The reform must comprehensively review our taxation. It must make it possible to tax work less, tax other income, allow an employment bonus so that so-called ‘poor’ workers can have €450 more per month quickly and so that we can invest in other policies. social.

If we want a tax reform that works, we must take up taxation in its entirety“, reacts Rachel Sobry, Walloon MP MR. “What is new isest the concept of workers and self-employed people who are more and more often below the poverty line.“And for her, the failure of tax reform is neither a political fight nor a hunt for the unemployed.”Jevokes poor workers because the concern in Belgium comes from the difference between the gross salary and the net salary. It is because of this withholding tax much too important what the purchasing power decreases. And I want us to tell people that we will increase the net salary without talking regarding the employment rate, more this would mean that there would not be more people contributing, which would endanger the system of health care et ofs pensions. So, if we want an effective tax reform, if we want to restore purchasing power, we must reduce the difference between net and gross. But for that, we need more people contributing and therefore more people in employment..”

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