US EditionNew Dutch government plans 'freedom tax' to fund defence spending
- The incoming Dutch government plans a 'freedom tax' to add a surcharge to income and corporate taxes, generating around 5 billion euros per year for defence spending, according to coalition parties.
- The government aims to increase defence spending to 2.8% of GDP by 2030 and 3.5% by 2035, up from about 2% now, to meet NATO targets.
- Rob Jetten, leader of the D66 party, stated, 'We are charting a new course for our country, with investments aimed at the long term.'
- The minority government coalition includes the D66, Christian Democrats, and VVD, holding 66 of 150 parliament seats, and requires support from opposition parties for proposals.
21 Articles
21 Articles
Social spending is expected to fall significantly, so that there is more money left for defence. The coalition agreement also provides for an intensified asylum policy.
In the document presented by the three parties that will form the next minority executive, a contribution to finance support to Kiev and the increase in military expenditure to 3.5% of GDP
The three-party coalition that will form a new minority government in the Netherlands presented its program today. Among other things, they advocate for increased defense spending and more cooperation between European allies, plan drastic cuts in social and healthcare, and support a ban on the use of social media by minors.
The Straits Times
The Star Kuala LumpurNew Dutch government plans 'freedom tax' to fund defence spending
AMSTERDAM, Jan 30 - The incoming Dutch government plans to add a surcharge to income and corporate taxes to generate around 5 billion euros ($6 billion) per year for increased defence spending, coalition parties said on Friday. Read more at straitstimes.com.
According to the coalition agreement, the new minority government in the Netherlands wants to spend billions on defence, saving in the social and health system.
Let's get to work is the motto of the program that marks the agreement of the new centre-right coalition of the Netherlands, presented this Friday. It is a revealing currency, since the three parties that will form government in the coming days are in minority, and will have to be used thoroughly for their plan to prosper.
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