Ecolo wants tax credits for low wages

Thursday, 25 April 2019 16:20
Ecolo wants tax credits for low wages © Belga

Ecolo launched the idea of ​​tax credits for the lowest wages.

The measure would cost 1.68 billion euros per year with an average wage gain of 881 euros net per year, MP George Ecolo Gilkinet told Le Soir on Thursday. 

Under the measure, a person with 1.562 euros would receive a monthly credit of 225 Euros net. This sum would decrease to 170 euros for an income of 1,750 euros, 115 euros for 2,000 and 60 euros for 2,250 euros wage. 

"This seems a fairer and more effective way of acting with regards to a tax cut," Gilkinet said. 

Ecolo wants to provide a rapid response to the situation of the working poor, including independents. According to a recent survey by the neutral independents’ union, one out of five earns less than a monthly 1,139 euros. "It would be more effective than raising the tax-exempt portion, which in turn benefits all income levels," according to the MP.

The Brussels Times

More Stories

More suspects wanted in Snapchat gang rape

More suspects wanted in Snapchat gang rape

Police are looking for three more suspects thought to have also participated in the gang rape of a 15-year-old girl, after seven of her attackers were placed under detention this week.

Far-right Flemish party campaigns under guise of animal rights party

Far-right Flemish party campaigns under guise of animal rights party

The far-right Flemish nationalist Vlaams Belang party is running a social media campaign as 'Party for the Animals - Flanders'. 

Airlines worry about bad reputation due to 'misinformed' climate activists

Airlines worry about bad reputation due to 'misinformed' climate activists

The ‘flying shame’ movement that pushes young generations to stop using planes for climate reasons is distressing the airlines.