For comparison, adding up the Dutch tax rates for when my nephew inherits from me and buys a product with it: - Income tax: 49.5% (36.93% on income under €73k)

For comparison, adding up the Dutch tax rates for when my nephew inherits from me and buys a product with it: - Income tax: 49.5% (36.93% on income under €73k) - Inheritance tax: 40% (30% for inheritance under €138k) - VAT: 21% Thus, poor people pay 65% tax and rich 76% in such a scenario.