provoost on Nostr: Someone crazy person just proposed an 8,5% wealth tax to replace income tax. And then ...
Someone crazy person just proposed an 8,5% wealth tax to replace income tax. And then says:
> Young people with high incomes now often spend on luxury, because saving for a house seems unfeasible. "If they can build wealth faster, they will postpone that expensive journey for a while," says Kooiman.
How do you build wealth if it's taxed at 8.5% per year? Sounds to me like this forces everyone (even more) to get a mortgage, because a home is taxed less than every other asset and won't pay net worth tax until you've repaid the house.
https://www.accountancyvanmorgen.nl/2025/04/17/vervang-alle-heffingen-door-een-vermogensbelasting/
> Young people with high incomes now often spend on luxury, because saving for a house seems unfeasible. "If they can build wealth faster, they will postpone that expensive journey for a while," says Kooiman.
How do you build wealth if it's taxed at 8.5% per year? Sounds to me like this forces everyone (even more) to get a mortgage, because a home is taxed less than every other asset and won't pay net worth tax until you've repaid the house.
https://www.accountancyvanmorgen.nl/2025/04/17/vervang-alle-heffingen-door-een-vermogensbelasting/