The problem is taxes on the lower and middle 'classes', the rich will increase their wealth regardless of taxation since they have the assets to do so (This is not to argue that taxing the rich is a good thing) We make the joke that in the Netherlands we have the richest poor people in the world. That's because there is a lot of money shifted around in extra taxes and subsidies. We have a word for this "nivellering" which translates as 'leveling' but imo it doesn't catch the full load. Essentially, I've been in a situation while I was a student when I was able to purchase mandatory health insurance for lets say 80 euro a month while getting a 89 euro subsidy (don't know exactly anymore), at the same time my father had to pay 2500 or something like this in extra health insurance tax because he has a good income. So I make 9 a month while he's spending 280+ a month for exactly the same insurance. Now the numbers may not be exactly right but the situation I'm trying to describe definitely existed. Now I also pay more . In any case, what this has caused in my opinion, is a system where there are very little incentives to get ahead. Also, because everybody gets subsidized to 'get an education' and therefore we have a lot of educated people who are completely useless, filling up jobs they can't do... Stopping people who may be able to take those jobs from pure experience and passion for what they are doing. So yeah, quit taxing people. If you absolutely have to, do it by VAT. Then normal people don't have to file taxes and life becomes simpler.
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