“Why Taxing Large Fortunes is Key to Fiscal Reform: Insights from Alexia Bertrand”

2023-04-16 13:52:43

“If you have 54% public spending (in your budget), then you absolutely have to reduce spending,” she said on VRT-television’s De Zevende Dag program.

In this context, Ms. Bertrand was opposed to a proposal reiterated by the leader of the Vooruit group, in the House, Melissa Depraetere.

In an interview published by the Sunday newspaper ‘De Zondag’, she described as an absolute priority the need to carry out the tax reform agreed in the program of the Vivaldi coalition. The Flemish socialist deputy recommends, in order to reduce the charges on work, a higher taxation of large fortunes. “It can be rental income, stock income, etc. Do an asset register and make sure you have a good overview of it,” she said.

“Our problem does not come from income, but from expenses,” replied Ms. Bertrand. The Secretary of State also pointed out that it is not easy to target a specific group. “Then you often end up with the middle class,” explains Alexia Bertrand. “Nothing is non-negotiable, but it has to be effective. And if that leads to capital flight, then you haven’t gained anything,” she argued.

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