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Brussels government agrees on summer package: tax cuts and new pools
๐Ÿ‡ง๐Ÿ‡ช Belgium /Economy & Trade

Brussels government agrees on summer package: tax cuts and new pools

From La Libre Belgique · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Brussels regional government agreed on a summer package including a 1% income tax cut and new swimming pools.
  • The tax reduction will save single individuals about 147 euros annually, costing the region 58 million euros per year.
  • The agreement was reached at the historic Val Duchesse, signaling the government's ability to work seriously and make decisions after a lengthy formation period.

The Brussels regional government has announced a package of measures, including a 1% cut to personal income tax and plans for new swimming pools, following a meeting at the historic Val Duchesse chรขteau. This agreement marks one of the few tax reduction measures enacted during the current legislative term.

At the symbolic level, it is an interesting step to find ourselves in a place where so many compromises have been found.

โ€” Boris DilliรจsBrussels Minister-President Boris Dilliรจs commented on the significance of holding the government meeting at the historic Val Duchesse chรขteau.

The 1% income tax cut will cost the region 58 million euros annually, with an additional 3 million euro impact on municipalities, which the government assures will be compensated. For a single Brussels resident earning a net monthly salary of 2,700 euros, the tax relief amounts to approximately 147 euros per year. A married couple with two children, each earning 2,400 euros net monthly, will see an annual benefit of 152 euros.

Minister-President Boris Dilliรจs highlighted the symbolic significance of meeting at Val Duchesse, a traditional site for federal political compromises. He emphasized the government's commitment to serious work and decision-making, noting that despite internal tensions, they have managed to find agreements. Dilliรจs pointed to the government's progress in managing Brussels and establishing a strict budgetary course, stating that much has been achieved in just five months.

We were told this government would be terrible. There are tensions, yes, but we manage to find agreements.

โ€” Boris DilliรจsBrussels Minister-President Boris Dilliรจs addressed skepticism about the government's ability to function and reach consensus.

This tax reduction follows the recent doubling of the Be Home premium, which increases the tax credit for owner-occupiers from 164 euros. The government aims for these measures to ultimately benefit the region by providing a financial boost to Brussels residents.

It is an important effort, but it must ultimately pay off for our region, by also giving a financial boost to Brussels residents.

โ€” Dirk De SmedtBrussels Minister of Budget Dirk De Smedt explained the rationale behind the 1% income tax cut.
DistantNews Editorial

Originally published by La Libre Belgique in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.