[Mythanar]

Dublin? Sure. Amsterdam - if you believe you can grow decent startup scene in location with 52% income taxes and 1.2% wealth tax and 21% VAT, I have a bridge to sell you.

Silicon Valley happened before the tax madness, and there is now net wealth outflow to lower-tax locations.

[jacquesm]

52% income tax is only on income > 67K euros, below that it is tiered with the next level down being 40%.

The wealth tax is subject to an exemption of the first 25K.

Also important: there is no capital gains tax and healthcare costs are ~100 euros / month no matter what you earn.

[kintamanimatt]

It is still pretty high though. Maybe not the highest, but high enough that a lot of people will take into account when deciding for or against Amsterdam.

[jacquesm]

It's high when considered in isolation, but that's silly. When comparing places you should consider all costs, not just the local taxes.

[tormeh]

No capital gains tax? Wow. So rich people in The Netherlands pay no taxes? Or is there a wealth tax?

[cr1895]

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

[cortesoft]

1.2% according to the grandparent comment.

[ddebernardy]

An one who lives in Hungary at the moment, I'd trade this country for Amsterdam any day from a tax standpoint - but admittedly wouldn't go there either way because their extreme right wingers are on par with Jobbik. It's a matter of reference points I suppose.

Surely the land of Donald Trump is somehow better? Or not... /troll

[timthelion]

I'm confused, are you claiming that Amsterdam has more right wingers than Hungary? Perhaps this is a case of media distortion. My Czech and English language media tells me that Hungary is currently the 4th Reich.