2 ms·
The Dutch (notoriously not the most Socialist of the lot) tax office assumes that any wealth above a certain “pocket money” stash, your first house and lifelong
by eecc 5y ago
The Dutch (notoriously not the most Socialist of the lot) tax office assumes that any wealth above a certain “pocket money” stash, your first house and lifelong savings (money you effectively lock out of your reach until you reach pension) are invested and therefore taxed at ~20% on the assumed ~2% ROI.
Seems roughly fair
- HWR_14 5y agoHow do you separate wealth building from consumption? If you buy 10 art pieces that could be an investment or an aesthetic/decorating choice. If you buy a TV it's almost certainly going to be worth nothing in a a few years.