4 ms·

Are there counter example countries who impose a high wealth tax that have a great startup ecosystem?

• himlion 6y ago
  The Netherlands maybe? Our "BOX 3" is effectively a 1.2% wealth tax (30% tax on a 4% assumed return). The startup ecosystem is pretty good I'd say.
  • yread 6y ago
    Over 75k (equity so savings - debts). Example calculation here (993 eur tax from 125k savings) https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/prive/vermogen_en_aanmerkelijk_belang/vermogen/belasting_betalen_over_uw_vermogen/grondslag_sparen_en_beleggen/berekenen_belasting_over_uw_inkomsten_uit_vermogen_vanaf_2017/voorbeeld-alleenstaande-met-125000-euro-spaargeld/alleenstaande_met_spaargeld https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/... and 17k tax from 1.25M equity.
    • himlion 6y ago
      You are right of course, but since we are talking in the context of successful founders, I figured the relatively small exemption wasn't that important.
• oaiey 6y ago
  Germany had a wealth tax till 1996.