Yes, but it’s a direct line item when they buy something. And only consumers don’t get it back. It is a tax on consumers specifically.

Except it isn’t, yes it works out like that, but legally it is a tax on the value added by the company. It is just passed on to the consumer by 100%, but that is the same for any tax.

Just like with any value added, sales or revenue tax it will be passed onto the consumer 1 to 1, but it doesn’t change the fact it is designed as a company tax and tax systems are based around that fact.

Only if everybody could keep a proper bookkeeping you could go to a system where your find a system that taxes only the businesses and the consumers get it back, but in the end the companies would just increase the prices and pass it onto the consumers anyway.

You can read the Dutch law https://wetten.overheid.nl/BWBR0002629/2026-01-01#HoofdstukII and it basically only speaks about companies.

But they aren’t discriminating by your country of residence. The PRICE that the vendor charges is the same regardless of where you’re from. Your own country charges VAT, through the vendor. That’s on top of the price.

Technically they are, again not the consumers issue that the VAT rate is higher. If the company doesn’t need to pay VAT (because of the revenue being so low in that year) then they don’t have to pay VAT, but it doesn’t change the price of the product you buy, at least not in basis. The suggested retail price stays the same, the price for digital goods stay the same.

It has been a while since I read the law’s myself (I stay updated based on the changes from my collegues who are tax specialists). Which does mean that I can also be mistaken, but as far as I know the unfair pricing goes over this https://europa.eu/youreurope/citizens/consumers/unfair-treatment/unfair-pricing/index_en.htm, but yeah it is for B2C mainly and not for B2B. You look at if you are majorly B2B or B2C and list your prices based on that.

It is also hard to do this properly, in the end you cannot ask somebody from a 3rd world country to pay 60 euro for the same (digital) game as somebody in the EU, but in the end the costs for the seller are basically the same.

It sorta is, we’re the only ones paying it in reality? Well consumers don’t pay it to the tax offices, nor do they do the reporting. It is a tax based on the added value the company brings to the end product. If you buy stuff for 100k excluding VAT and sell it for 200k excluding VAT ou pay 42k minus 21K aka 21K VAT. Which is 21% of your “profit” (in NL). It is just that it is a transparant tax and easily calculated that the end consumer also pays the 21% VAT rate. At the same time end consumers also pay for the profit tax, wage tax and other forms of tax that a company has to pay, but those aren’t as easely calculated.

No of course there isn’t an unified American culture, but there are people hard at work at destroying all forms of culture in the US.

Yes there is top down economic pressure and a lot of fedaral pressure, but it is also just people choosing to do things a certain way. Going out and buying a coffee instead of using their drip coffee machine or buying an espresso machine. Shopping at Amazon, Walmart or whatever instead of supporting local businesses.

Working against people who are trying to create better walkable/bikeable neighbourhouds etc.

Sooner or later the current iteration of the US will fall and it will probably mean that the entire country falls apart. In some ways or another state’s already function more like separate countries than in say the EU.

All prices are excluding VAT as VAT differs per country. Growing up means understanding Americans maybe had a point with this one. Lastly, no referral links will be provided.

There are rules and regulations set into place in the EU that the prices including VAT should be the same for consumers. Which means that there shouldn’t be a difference in price even though there is a difference in VAT rate. When dealing with B2B then it is a different story, then you should exclude the VAT.

It is also not the end consumers problem that the VAT rate is higher, same as that it isn’t our issue when the profit tax is higher.

Even small countries like The Netherlands have loads of cultural differences, of course the US has that.

Doesn’t change the fact that we are all Dutch and you are all American’s.

America also has the weird thing that most of the stores and restaurants are chains apparantly. Or at least that is what most of the terminal online American’s want us to believe.

Edit: the basis in things like school systems, suburbs and angelo-saxton company “culture” also don’t help

Huawei, Xiami and other Chinese brands still exist, not sure which models or brands support it but there are still multiple who support you running your own OS on them.

Yeah a lot more, 90% won’t miss any of though.

I don’t think it was ever bad, the compatibility with Microsoft office is not completely their yet making it not usable to Excel experts of for some teachers due to docx support being a bit lackluster

Yeah it is

I was really consufed by your chain of comments.

You stated revenue, which doesn’t say anything about profit. Then you argue that that is true and say that is why you posted revenue.

Which is why I posted the profit or HP of 2024

Revenue says basically nothing in this kind of context. HP’s earnings before taxes was 3 279m so 100k is well nothing.

Plex doesn’t “just work” I have lost access to my install more time than I can coun’t due to their weird prove you are the owner system.

Since smart watches are a thing some schools banned wristwatches during exams because they where not planning to look for the differences

I believe in some amount of exclusion for gifts (say in the million to tens of millions),

You don’t need to gift away millions of euro’s let’s be honest.

Like I explained to you, if you want taxes to be effective they have to be based on something and be kinda fair. If you inheritence tax is 100% that means that every euro is taxed for a lot more than 100%.

Gifts just before deaths are often considered to be inheritance as well in some tax systems like NL fyi.

local tax authority You realise that most tax authorities have a lack of staff to be able to do it? Most people wouldn’t want to work at a tax office anyway

Basically how it works in NL currently:

1. Every asset is valuated
2. Based on the existing (or non existing) testament everything is distributed
3. the receivers or the personal responsible for distributing everything does a tax filing
4. Within 3 years of receiving the tax filing the government sends out a letter for the tax to be paid which is calculated with certain percentages depending on who is the receiver and the first x is also free from tax. Here you check the percentages etc: https://www.consumentenbond.nl/erven-schenken/erfbelasting

There is also a special occasion when one of the parents die, then the remaining parent is in debt to the children until they die.

And exception for anything more than 1m euro is absolute bullshit. 140-150k is more than enough for most. Again taxing anything for 100% is stealing, you can do 60-70% though.

Most rich people don’t deal with a lot of inheritence tax anyway. Most of the companies and very expensive assets will be passed down before they die. This will become even more if a 100% tax is introduced.

I don’t see permanent ownership of real property as being legitimate Why shouldn’t somebody be able to own their house? There are people who have legally bought the ground (or they pay rent for it) and they bought their own house. Why shouldn’t they be able to own that and why shouldn’t the childeren be able to live in that?

I don’t sign up for the extreme taxation people like you want to introduce, because it will give people more incentive to do everything to not pay it. it will also get people to push more against the system. I have seen it time and time again with different taxes, considering I work at an accounting firm.

Instead we should have a good system of social security which means everybody has a basis income which should allow them to properly survive and thrive a bit. You will still have some people struggling one way or another with something like a universal basic income, but there is basically no way of stopping it but it will be vastly reduced.

Edit: there are a ton of ways of passing on wealth from one generation to another and with absurd levels of wealth is basically always goes in the form of passing companies down and there will always be at least one country where this is possible in a way you pay very little to no tax over it. Even if you keep it in the same countries you can often easily pass the company down, especially if the person who is inheriting it is working in that company. Why would not be actual value that somebody is allowed to inherited There is a real issue with that people keep pushing their taxes forward. Like Musk being able to take loans with their stocks as collateral instead of dividing money out, paying taxes over that and using that. There are ton more of examples like that, that are a way bigger issue.

Like I said, 100% tax is just stealing.

It’s not an issue to actually tax the rich, but the first x schould be tax free and after that a bracket should be low tax until y and then you can charge z percentage above that, but it cannot be 100% tax.

Which goes through the government.

Again if you want more income for those at the bottom you want efficient tax methods and 100% is not an efficient tax method since people will do EVERYTHING they can to avoid it. If people can accept a tax rate, they will pay it. Well a lot more people will pay it.

100% inheritence tax will go to the government though.

Still it’s basically stealing from families anyway.

Depends a bit on the country since they are all transforming their national payment system to Wero, some of them already have it like Germany and Belgium will be getting it in October this year. The Netherands will get it 2026-01-01.

You still wouldn’t want to do any taxation at 100%, make it 70 or 80% sure, but 100% is just bullshit and 70-80% will be enough. The way to get people to accept higher taxes is to explain it to hem. People will also do everything in their power to not pay that 100% tax, including just stopping their Dang business for that year if corporate income would be taxed at 100%

The spousal thing is generally solved in the world by giving an exception, in NL it’s like the first 800k is tax-free when your legal spouse dies.

Money inside companies is just money that will be taxed at a later date, the issue is that billionaires in the US put their stocks up as collateral taking out loans. It would be taxed again if they dividend it out or pay themselves somewhat of a wage.

The issue with companies is that evaluating them is something that you just cannot easily do every year for the tax report, unless you just go look at the equity = company value. We do have some designation for small, median and large companies based on revenue, balance total and FTE count, well at least in NL it is based on those 3.

Small companies need some tax breaks and larger companies don’t, but a lot of companies are split up to multiple different companies to be able to benefit from tax breaks.

Property should be community owned and exclusivity agreements should be temporary (i.e. real estate should be owned until death).

Owning a single property is not the issue, every family should be able to own one. It’s the fact that people own multiple properties. You want to make it so it is not a good financial decision to own multiple properties, either you as a business or you as a person.

generational wealth shouldn’t be a thing. You mean massive amount of generational wealth, but in my example that kid that lost his parents should still inherent that house right?

Just increase the inheritance tax for everything after a mil or so. It’s still a couple taxation, but hey

Yeah they are, but they will not be able to pay online with just the code since they have the IBAN listed and not the 16 digit code.

The new system is better anyway, why do we need to go back in time?