Christian Democrats’ new strategy calls for flat rate tax for all
A flat income tax rate, reductions in mortgage tax relief and an special ‘solidarity’ tax for the highest earners are among the proposals in a Christian Democratic party document outlining a new strategy for the CDA.
Drafts of the document have been widely leaked and the final version is due to be presented on Friday, the Volkskrant says. The CDA holds its annual conference at the weekend to discuss the ideas.
One of the main planks of the strategy is a shake-up of the income tax and social security system which is ‘unnecessarily complicated, stimulates excessive borrowing and deters people from working’, the Volkskrant states.
A simpler system will stimulate economic growth and stop people and companies borrowing more than they can afford, the report is quoted as saying. The Volkskrant suggests 35% as a possible tax rate.
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