Episode Details

Dutch lawmakers are eyeing the axe on a popular tax-free gift scheme for parents, which lets them give up to 6,908 euros annually to kids — and 2,769 euros to others — without tax. With budget shortfalls and stalled cuts, officials argue the program unfairly favors wealthier families who can use it over years to pass down assets, while poorer families rarely benefit. Though the larger one-time gift for home purchases remains untouched, the plan could be slashed or scrapped entirely to tackle inequality and fund the budget.

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