Richest 1% of the Dutch pay just 21% of their income in tax: CPB

While the very richest of the Dutch are losing 21% of their income to tax, people on average incomes are handing over 40% to the tax office, according to new research by the government’s centre for policy analysis CPB. ‘This is because the income [of the richest 1%] is largely derived from capital and company profits, which is taxed at a lower rate than income,’ the CPB said. The research looks at the impact of direct taxation, such as income...