Inflation: the Netherlands adopts aid package

The Dutch government has agreed on a package of measures for 2023 to compensate for the loss of purchasing power in the country due to high inflation, in particular for citizens with lower incomes. Among other measures, an increase in the minimum wage and higher taxes on assets and wealth are planned. The national press welcomes the initiative but also voices doubts.

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De Volkskrant (NL) /

Higher taxes for the rich at last

De Volkskrant praises the plans for redistribution of wealth:

“Finally taxes will be increased for the wealthy, large companies and landlords. With this measure the coalition parties will finally make good on what they promised the voters in 2021. ... It's not surprising that even most of the opposition parties that think things have to be done faster or differently are not opposing this package. But there is no guarantee of success. The cabinet will have to keep an eye on whether the package is sufficient to prevent people from collapsing under the weight of their energy bills. But at least the cornerstones are in place.”

NRC Handelsblad (NL) /

Help comes too late

NRC Handelsblad criticises the lack of a solution for the coming months:

“The purchasing power agreement will probably alleviate much of the pain in 2023. That is good, but it does not relieve the coalition parties of their duty to think more about how to help the families who need assistance now, before the end of the year. Unorthodox measures must also be considered. For example, what role can energy companies play in keeping bills affordable? And, as complex as it may be, can the tax authorities perhaps also play a role? You have to be creative, the afflicted families are entitled to it.”