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cvaidya1986

Are there counter example countries who impose a high wealth tax that have a great startup ecosystem?

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The Netherlands maybe? Our "BOX 3" is effectively a 1.2% wealth tax (30% tax on a 4% assumed return).

The startup ecosystem is pretty good I'd say.

Over 75k (equity so savings - debts). Example calculation here (993 eur tax from 125k savings)

https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/...

and 17k tax from 1.25M equity.

You are right of course, but since we are talking in the context of successful founders, I figured the relatively small exemption wasn't that important.

Germany had a wealth tax till 1996.

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