‘Invisible’ Subsidy for the Super-Rich Leads to Greater Disparities Between Households
11 Articles
11 Articles
Algemeen Dagblad
The gap between rich and poor people in the Netherlands continues to widen, and the tax system is not helping to address this. The current system sometimes even causes the differences to widen, warns the Netherlands Central Planning Bureau (CPB).
According to the CPB, differences between households are widening in several ways. An increasingly large share of total income goes to the richest 1 percent.
Economic inequality between households in the Netherlands is increasing, and this is partly due to the Dutch tax system. This is the conclusion of the Netherlands Central Planning Bureau (CPB) in a report published today. Whether this is desirable or not ‘is a political question’, says the CPB, but it warns that this puts equality of opportunity under pressure and that this, in turn, harms broad prosperity.
For years, economic disparities between households have been increasing. And for years, the Netherlands Central Planning Bureau has been calling for action, because it is detrimental to prosperity: "Most people are of the opinion that redistribution through taxation is desirable."
Economic disparities between households are increasing. The tax system does not dampen this development and sometimes even contributes to growing disparities. This is partly because different forms of income and assets are taxed differently, taxation can sometimes be delayed for a long time and there are many ineffective tax regulations. Changes in the tax system can help limit the further growth of economic disparities and economic disruptions …
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