Taxing dividends and capital gains at significantly different rates (for belgium 30% and 0%) is always going to lead to these issues.
Can’t wait for people with barely any capital invested to tell us cap. gain taxes are unfair. “My investment money was a already taxed! They can’t tax it again!”
Meanwhile they’re paying 50% tax on wage yet actually rich people who get a large chunk of their income through cap. gains are exempt.
Can we please clean up our tax system? Get rid of all the little advantages, simplify the rules, make it one fair and consistent system.
7 billion over 20 years on an economy of 500 billion is hardly worth mentioning imo
So,… how can I take advantage of this?
surprisedpikachu.jpg
Nice, but a better headline would be Belgian government wastes 50 billion/year again. But it’s better for the government to have the rich blame the poor, the poor blame the rich and have the middle class to pay for it all while choosing between blaming the rich or the poor.
I am (not so) astonished at the fact none of the replies seem to understand that the article does *not in any way* relate to Belgium’s lack of capital gain taxes or a lack of taxation of “the rich”, but rather appears to hint at the large scale european fraud/scam/aggressive tax construction, called [“cum-ex”](https://en.m.wikipedia.org/wiki/CumEx-Files) (no perv pun intended, I hope), perpetrated almost exclusively by _foreigners_ (including Brittons) who abused global bilateral double taxation treaties relative to _dividend income taxes_ and used “false” transactions (implicating some financial institutions) to wrongfully “reclaim” billions in taxes from almost all european tax authorities.
Germany was hardest hit (over 30 bn EUR estimated loss), but compared to the population size I think Denmark might have been the winner.
So this has nothing to do with rich or poor people but rather with a european-wide tax fraud that (almost openly) abused generalised taxation (and reclaim) national inefficiencies.
But sure… let’s blame it on the rich.
Isn’t it missed instead of lost? Considerable difference.
7 comments
Taxing dividends and capital gains at significantly different rates (for belgium 30% and 0%) is always going to lead to these issues.
Can’t wait for people with barely any capital invested to tell us cap. gain taxes are unfair. “My investment money was a already taxed! They can’t tax it again!”
Meanwhile they’re paying 50% tax on wage yet actually rich people who get a large chunk of their income through cap. gains are exempt.
Can we please clean up our tax system? Get rid of all the little advantages, simplify the rules, make it one fair and consistent system.
7 billion over 20 years on an economy of 500 billion is hardly worth mentioning imo
So,… how can I take advantage of this?
surprisedpikachu.jpg
Nice, but a better headline would be Belgian government wastes 50 billion/year again. But it’s better for the government to have the rich blame the poor, the poor blame the rich and have the middle class to pay for it all while choosing between blaming the rich or the poor.
I am (not so) astonished at the fact none of the replies seem to understand that the article does *not in any way* relate to Belgium’s lack of capital gain taxes or a lack of taxation of “the rich”, but rather appears to hint at the large scale european fraud/scam/aggressive tax construction, called [“cum-ex”](https://en.m.wikipedia.org/wiki/CumEx-Files) (no perv pun intended, I hope), perpetrated almost exclusively by _foreigners_ (including Brittons) who abused global bilateral double taxation treaties relative to _dividend income taxes_ and used “false” transactions (implicating some financial institutions) to wrongfully “reclaim” billions in taxes from almost all european tax authorities.
Germany was hardest hit (over 30 bn EUR estimated loss), but compared to the population size I think Denmark might have been the winner.
So this has nothing to do with rich or poor people but rather with a european-wide tax fraud that (almost openly) abused generalised taxation (and reclaim) national inefficiencies.
But sure… let’s blame it on the rich.
Isn’t it missed instead of lost? Considerable difference.