Jetten Cabinet in trouble as left-center income & asset tax deals pass despite VVD protest
A majority of the parliamentarians in the Tweede Kamer voted to approve an amended form of the Cabinet's tax package for 2027, including a proposal to assess a a new Millionaire's Tax on earnings from savings and assets in the Box 3 section of income tax returns. While the unpopular tax plan itself came from the Cabinet, comprised of a coalition of D66, VVD, and CDA, the amended version emerged from a compromise D66 and CDA struck with left-wing faction PRO and centrist party Volt. The deal made without the knowledge of the right-wing VVD has caused a chasm in the coalition.
12 Nov 20:20 · NL Times