Look at how much of a success this was in France 💀
Maybe i need to rescedule my trip to jersey a bit earlier
Agreed, a 1% or 2% tax for millionaires would have a lot of “risks”, especially for super riches.
Why they do not explain the risks of not taxing the over 3 millions super riches and keep taxing only common employees? Maybe with that money you can give affordable support and avoid so many people with mental problems.
Or even what are the risks of actually not checking the net wealth of super riches?
​
>Slower economic growth
>
>What also happened in countries with a wealth tax: the introduction had a negative impact on the economy. **The tax slowed down growth, although it remained fairly limited** according to the studies on which the Planning Bureau relies.
>
>**A millionaire tax could also discourage saving and would discourage entrepreneurship and the creation of new businesses.** These undesirable consequences can also affect the income from a wealth tax in the long term.
​
>There are three OECD countries with a tax on large wealth: Norway, Spain and Switzerland.
>
>[A new solidarity tax has come into effect in Spain,](https://www.blevinsfranks.com/spains-solidarity-tax-large-fortunes/) which will affect those with assets of more than three million euros. This temporary measure, covering the 2022 and 2023 tax years
It does not look like if Norway or Spain have had a big problem with their growth…
I’m not in favour of taxing a person’s property on which they already paid taxes. It’d be way better if we started taxing companies properly instead.
Also, the real risk is that a millionaire can easily just move to another country.
Without a proper inventory of all assets a wealth tax is a total pipedream. This will never be implemented in Belgium (mostly because of community infighting). I’ll eat my shoe if it gets implemented.
Also a huge risk is the high number of home ownership. Have fun paying 1-2% on your home value every year. That’s a huge tax hike for everyone, not just “the rich”.
Look up the French millionaire tax. As long as it’s not globally enforced there’s no use in it.
… and then will be returned to the same pockets by using millionaires’ companies to deliver some “needed” work…
Freely available pot of money cannot survive in the wild…
Ask Huts, Coucke, Verhulst, Van Damme, AB Inbev families… where their money is. It’s not in Belgium. It’s in Luxembourg, Switzerland, Monaco, Malta…
The only ones who would have to pay are the small company owners with 5 to 10 employees who’s company is worth +3 million euros. But owning a company with a net worth of 3 million doesnt mean the owner has more than 100k on his bank account. So he can better stop his activities and sell the company to a multinational which doesn’t values it’s employees.
the only one that will pay said taxes are the middle man, not the intended “multi millionairs”.
cuz you and your wife with a house, car and kid could easily fit that “millionaire” criteria.
we should encourage them to invest more in our country, not less.
Confiscating more money would generate millions for the parasitic class but you risk the targets run away or fight back. Who needed a study for this?
There is no possible reason to give the morbidly obese government more money, quite the opposite.
Yes, what we need in belgium is more tax. Discard the fact that we are already one of the most taxed country in the world, taxing more will solve the problem we have.
Doesn’t that only work if all countries do it?
1-3% is completely insane.
This has to be taken care of internationally to avoid the money just changing location.
The left has been goading about this for decades, each time a few months before the elections, then do absolutely nothing and just say it’s because other parties didn’t want to move on this and this will be for the next government. It’s just posturing to rouse the base.
Hier word ik dus echt boos van. Het is jammer hoe sommigen enkel denken in belasten en afpakken van anderen. De risico’s in het artikel zijn echt, diegenen die hierin geraakt zouden worden, groeien de economie meer dan de % die ze zouden liquide moeten maken om een belasting te betalen. Iedereen die slim is, zal wel een creatieve oplossing vinden.
Een gezin dat een huis in een grote stad heeft, spaart en meerdere 10-tallen jaren geleden een aandelenportefeuille is gestart en consequent geïnvesteerd heeft, zal gewoon gefuckt worden. Terwijl ze al getakst zijn op elke stap van hun leven.
Meer belastingen hebben we niet nodig. Strafmaatregelen waar er afgepakt wordt van mensen ook niet.
Plus, wat denkt men hiermee te bereiken? De Belgische staat komt 505 miljard euro tekort.
Schaf een regering of twee af en laat de mensen met rust.
All energy put in a wealth tax is simply lost energy.
The Millionaire tax is a fantasy, the French tried it and managed to LOSE money on it.
First of all: anti corruption law enforcement agency must have more power to fight this kind of crime, justice must do its work in a reasonable period of time. Secondly it should have more control of useless expenses in all federal and regional governments.
Lots of money could be saved for any taxpayer of the country
If I can deduct my mortgages and devaluations of assets than sure. Maybe some bad years it might even be a tax return in some cases…
Ask Norway about that, they did that and well the inevitable happened the wealthy started leaving
22 comments
Look at how much of a success this was in France 💀
Maybe i need to rescedule my trip to jersey a bit earlier
Agreed, a 1% or 2% tax for millionaires would have a lot of “risks”, especially for super riches.
Why they do not explain the risks of not taxing the over 3 millions super riches and keep taxing only common employees? Maybe with that money you can give affordable support and avoid so many people with mental problems.
Or even what are the risks of actually not checking the net wealth of super riches?
​
>Slower economic growth
>
>What also happened in countries with a wealth tax: the introduction had a negative impact on the economy. **The tax slowed down growth, although it remained fairly limited** according to the studies on which the Planning Bureau relies.
>
>**A millionaire tax could also discourage saving and would discourage entrepreneurship and the creation of new businesses.** These undesirable consequences can also affect the income from a wealth tax in the long term.
​
>There are three OECD countries with a tax on large wealth: Norway, Spain and Switzerland.
>
>[A new solidarity tax has come into effect in Spain,](https://www.blevinsfranks.com/spains-solidarity-tax-large-fortunes/) which will affect those with assets of more than three million euros. This temporary measure, covering the 2022 and 2023 tax years
[GDP growth in 2023](https://www.statista.com/statistics/686147/gdp-growth-europe/):
>Norway: 2,3%
>
>Spain: 2,5%
>
>Switzerland: 0,9%
>
>Belgium: 1%
It does not look like if Norway or Spain have had a big problem with their growth…
I’m not in favour of taxing a person’s property on which they already paid taxes. It’d be way better if we started taxing companies properly instead.
Also, the real risk is that a millionaire can easily just move to another country.
Without a proper inventory of all assets a wealth tax is a total pipedream. This will never be implemented in Belgium (mostly because of community infighting). I’ll eat my shoe if it gets implemented.
Also a huge risk is the high number of home ownership. Have fun paying 1-2% on your home value every year. That’s a huge tax hike for everyone, not just “the rich”.
Look up the French millionaire tax. As long as it’s not globally enforced there’s no use in it.
… and then will be returned to the same pockets by using millionaires’ companies to deliver some “needed” work…
Freely available pot of money cannot survive in the wild…
Ask Huts, Coucke, Verhulst, Van Damme, AB Inbev families… where their money is. It’s not in Belgium. It’s in Luxembourg, Switzerland, Monaco, Malta…
The only ones who would have to pay are the small company owners with 5 to 10 employees who’s company is worth +3 million euros. But owning a company with a net worth of 3 million doesnt mean the owner has more than 100k on his bank account. So he can better stop his activities and sell the company to a multinational which doesn’t values it’s employees.
the only one that will pay said taxes are the middle man, not the intended “multi millionairs”.
cuz you and your wife with a house, car and kid could easily fit that “millionaire” criteria.
we should encourage them to invest more in our country, not less.
Confiscating more money would generate millions for the parasitic class but you risk the targets run away or fight back. Who needed a study for this?
There is no possible reason to give the morbidly obese government more money, quite the opposite.
Yes, what we need in belgium is more tax. Discard the fact that we are already one of the most taxed country in the world, taxing more will solve the problem we have.
Doesn’t that only work if all countries do it?
1-3% is completely insane.
This has to be taken care of internationally to avoid the money just changing location.
The left has been goading about this for decades, each time a few months before the elections, then do absolutely nothing and just say it’s because other parties didn’t want to move on this and this will be for the next government. It’s just posturing to rouse the base.
Hier word ik dus echt boos van. Het is jammer hoe sommigen enkel denken in belasten en afpakken van anderen. De risico’s in het artikel zijn echt, diegenen die hierin geraakt zouden worden, groeien de economie meer dan de % die ze zouden liquide moeten maken om een belasting te betalen. Iedereen die slim is, zal wel een creatieve oplossing vinden.
Een gezin dat een huis in een grote stad heeft, spaart en meerdere 10-tallen jaren geleden een aandelenportefeuille is gestart en consequent geïnvesteerd heeft, zal gewoon gefuckt worden. Terwijl ze al getakst zijn op elke stap van hun leven.
Meer belastingen hebben we niet nodig. Strafmaatregelen waar er afgepakt wordt van mensen ook niet.
Plus, wat denkt men hiermee te bereiken? De Belgische staat komt 505 miljard euro tekort.
Schaf een regering of twee af en laat de mensen met rust.
All energy put in a wealth tax is simply lost energy.
The Millionaire tax is a fantasy, the French tried it and managed to LOSE money on it.
First of all: anti corruption law enforcement agency must have more power to fight this kind of crime, justice must do its work in a reasonable period of time. Secondly it should have more control of useless expenses in all federal and regional governments.
Lots of money could be saved for any taxpayer of the country
If I can deduct my mortgages and devaluations of assets than sure. Maybe some bad years it might even be a tax return in some cases…
Ask Norway about that, they did that and well the inevitable happened the wealthy started leaving
Crazy idea: how about we spend less?