“If the government agreement is not respected, then there is no government,” warned Conner Rousseau, leader of the Flemish socialists, in a Saturday interview with De Tijd regarding the capital gains tax.
Rousseau emphasised, in Het Nieuwsblad, the importance of everyone contributing, stating that without collective effort, “the government will eventually collapse.”
“As May Day approaches, Rousseau reiterated, “Everyone must do their part. In this context, the capital gains tax is crucial. Abandoning this principle could lead to the downfall of the government.”
This week, Finance Minister Jan Jambon (N-VA) suggested exempting individuals from this tax if they keep their shares for ten years or more. “In parliament, Jan Jambon did not mention this, and it’s not in the government agreement. It was discussed during government formation but was ultimately dismissed,” highlighted Rousseau.
He criticised the nationalist minister’s idea as “economically foolish,” arguing that Belgium needs fresh investments. “Let investors buy and sell shares, taking a small amount from the profit. I find this fair,” he added.
Rousseau cautioned against easing exemptions for those holding 20% of a company’s shares, warning of potential abuses. “There is a limit to taxing those who work more. However, the super-rich can afford to contribute,” he summarised.
The project must be “serious,” insisted Rousseau. “If the tax is diluted to protect a few wealthy families, there will be little progress on pensions or the labour market,” he responded in Dutch-language newspapers.
Making tough decisions swiftly is preferable, he urged. “I advise everyone – including the Prime Minister – to implement the government agreement and maintain the delicate balance we have achieved and continue to support.”
