vermogensbelastingen

Vermogensbelastingen, or wealth taxes, are taxes levied on an individual's net worth. This typically includes assets such as real estate, financial investments like stocks and bonds, savings accounts, and other valuable possessions, minus any outstanding debts. The purpose of these taxes is often to reduce income inequality and generate revenue for public services.

The implementation and structure of wealth taxes vary significantly between countries and over time. Some countries tax only certain types of assets, while others aim for a broader base. The tax rate is usually a small percentage of the total net worth, often tiered to apply higher rates to larger fortunes. Critics of wealth taxes raise concerns about their potential to stifle investment, lead to capital flight, and their administrative complexity. Proponents argue that they are a fair way to ensure that those with the most wealth contribute proportionally to society. Historically, many developed nations have experimented with wealth taxes, though their prevalence has declined in recent decades due to various economic and political challenges.