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...
Misleading title. Not incorrect, but it is based on what the source of income is, it is not about how rich you are relative to the rest of the population. The title makes it sound like if you make a certain amount of money, your tax rate is lowered. Alternatively, it sounds like the richest Dutch are evading 12% worth of taxes.
But neither of these are true statements AFAIK, and either way they aren’t made in the article, so the title is misleading.
Edit: Changed “the top 1%” to “the richest Dutch”.
Misleading title. Not incorrect, but it is based on what the source of income is, it is not about how rich you are relative to the rest of the population. The title makes it sound like if you make a certain amount of money, your tax rate is lowered. Alternatively, it sounds like the richest Dutch are evading 12% worth of taxes. But neither of these are true statements AFAIK, and either way they aren’t made in the article, so the title is misleading.
Edit: Changed “the top 1%” to “the richest Dutch”.
It’s still ridiculous that capital is taxed at a lower rate than labor.