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Joined 1 year ago
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Cake day: August 1st, 2023

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  • The tax that I’m talking about is calculated on the value that has been attributed by the cadastre. You pay it when you own the property without having a building or any other land use on site.

    Then, when there is a building on the plot that isn’t being used as intended you get taxed on that. The rate is increased by 100% every year with a maximum of 4 increases resulting in a maximal tax of 500% of the base tax.

    This is besides from the standard property tax that makes up an average of 50% of municipalities incomes. There are municipalities in Belgium they get up to 90% of their working funds out of those taxes.



  • I’m an early gen y’er. I’m fairly positive but that’s easy when you live in one of the wealthiest countries in the world. I have gen z children and their future is bright. We’re not rich but when they turn 18 (my daughter is 17) they have opportunities that I never had. It will be harder to gather wealth but they will be able to faal back on a steady base at home. My children can choose to go to university when they finish high school or take a sabbatical and travel the world. I don’t have the money to fund that but they are well educated enough to find the means of living wherever they go. If they want to have a meaningful life, then there are plenty of opportunities. If they just want a simple life with a job that provides a steady income, then that is fine.

    As I said, I live in one of the wealthiest countries of the world and in the safe harbour of the EU. I don’t know anything about your situation.