

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.
That’s about 95% of all political news it seems. Mostly used to distract from the many scandals.