Potential Bombshell for Coalition: Mortgage Interest Deduction Possibly Back up for Discussion
7 Articles
7 Articles
With the agreement to leave the mortgage interest deduction 'unchanged', D66, VVD, and CDA had hoped to shelve the politically charged subject for the coming years. But the topic is already looming again. A possible expansion is on the table this summer, and next week a sensitive report will be released regarding a potential multi-billion euro hole in the treasury if the cabinet leaves the deduction untouched.
This summer will be the test for this minority cabinet: can it still get anything done or not? Prime Minister Jetten hopes for a deal with the opposition and the trade unions, but then the demand to tackle the mortgage interest deduction will inevitably be put on the table. And that is non-negotiable for the VVD. Political reporter Hans van Soest writes weekly about Hague affairs that concern us all.
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