Budget Day (known as Prinsjesdag, or ‘Prince’s Day’), on the third Tuesday in September, is when the government announces its plans for the coming year. King Willem-Alexander officially opens the coming parliamentary year by reading the Speech from the Throne on Tuesday 18 September.
After the ceremony in the ‘Hall of Knights’ the Minister of Finance, Mr. Wopke Hoekstra, goes to the House of Representatives with a ceremonial briefcase, where he presents the National Budget and the Budget Memorandum. These state how much money the government is making available for its various plans for the coming year, and where it is coming from.
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What does Peter Kavelaars, Professor of fiscal economics at Erasmus School of Economics, expect of what the briefcase’ contains? In an article on the website of Nextens, he shares his thoughts and wishes regarding the Tax Plan: https://www.nextens.nl/prinsjesdag/koffertje-van-peter-kavelaars/