Cnossen, Sijbren; Bovenberg, Ary Lans - 2000
The Dutch Parliament has passed legislation for a new income tax that abolishes the current tax on personal capital … income and substitutes it by a presumptive capital income tax, which is in fact a net wealth tax. This paper contrasts this … approaches meets all criteria for a 'good' income tax, i.e., equity, efficiency, and administrative feasibility. We thus conclude …