D66 and CDA strike deal with Pro and Volt on tax plan, no response from VVD

D66 and CDA have reached an agreement with opposition parties Pro and Volt on a tax increase for the wealthy and a reduction in income tax. This proposal, termed a 'millionaires tax', aims to raise an additional 1 billion euros from the wealthy while reducing the same amount from income tax. The financial basis has shifted to include increased wealth tax and adjustments to inheritance and gift taxes. While a majority in the House of Representatives may support this adjustment, it remains uncertain if it will resolve the coalition's deadlock or gain majority approval in both chambers. The VVD has expressed significant objections to the original proposal, complicating the situation further. Voting on the tax plan and proposed changes is scheduled but may be postponed due to ongoing negotiations.

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