• myrmidex@slrpnk.netOP
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    1 month 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.