Going Dutch - How I Learned to Love the European Welfare Stat...
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Saved by 9 people (0 private), first by anonymouse user on 2009-05-02
- Qwermish on 2009-05-06 - Tags europe , netherlands
- Trexbean on 2009-05-05 - Tags socialism , healthcare , netherlands , dutch , europe
- Cdegler on 2009-05-05 - Tags holland , netherlands , economy , society , taxation , socialism
- Danbisgaard on 2009-05-04 - Tags no_tag
- Jwbaileydc on 2009-05-04 - Tags cities , socialism , lifestyle , europe , vs , america
Public Sticky notes
First, as in the United States, income tax in the Netherlands is a bendy concept: with a good accountant, you can rack up deductions and exploit loopholes. And while the top income-tax rate in the United States is 35 percent, the numbers are a bit misleading. “People coming from the U.S. to the Netherlands focus on that difference, and on that 52 percent,” said Constanze Woelfle, an American accountant based in the Netherlands whose clients are mostly American expats. “But consider that the Dutch rate includes social security, which in the U.S. is an additional 6.2 percent. Then in the U.S. you have state and local taxes, and much higher real estate taxes. If you were to add all those up, you would get close to the 52 percent.”
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