The richest 1% in the Netherlands pay relatively less tax than everyone else and their incomes have risen more sharply, according to new calculations by the government’s macro-economic forecasting agency CPB. Earlier research, based on figures from 2016, showed that people on the highest incomes pay less tax and the new figures, based on the period 2011 to 2019, paint a similar picture. The very richest, or 0.01% of the population, paid a tax rate of some 28%, well below the 40% paid by people with average incomes...
Looks like they play the same game there as they do in the US. Get most of their income from investment vs actual salary, and of course the investment is taxed less than regular income.
Looks like they play the same game there as they do in the US. Get most of their income from investment vs actual salary, and of course the investment is taxed less than regular income.
I will never understand why capital gains should be taxed less than income. It’s in itself a statement against the working class.