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[Pen-l] Going Dutch
Russell Shorto has a piece "Going Dutch" which discusses his encounter
(as an American) with the Dutch welfare state. I haven't read it all
but it might be of interest to those here:
http://www.nytimes.com/2009/05/03/magazine/03european-t.html?em
Among other things, Shorto points out that the (top?) 52% Dutch income
tax rate 1) is nominal, 2) includes social security 3) essentially
includes state and local taxes, if I read it correctly and 4) is
combined with lower real-estate taxes. Not to mention the superior
social services provided...
Bill
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