An 87-year-old woman from Lemiers in Limburg who owned substantial real estate in nearby Vaals has left most of it to her tenants in her will.
According to the Telegraaf, Anneliese Houppermans, who earned her money from a successful fruit and vegetable business, owned several houses in the community. She never married or had children, and her ties to her family had faded over the years.
At first (because I’m a rapidly evolving into my final curmudgeon form) this put me in mind of those families that ended up losing their house after appearing on Extreme Makeover: Home Edition because they could no longer afford the taxes and upkeep on their houses. But this line of the article helped put me at ease:
What the hell is up with such a high inheritance tax
It’s to try and combat generational wealth, maybe 100% with it going towards funding UBI would be better
If you’r enot relatives it’s a high percentage.
First column is partners and children, second column is grandchidren and other relatives, last column is unrelated people
€ 0 - € 138.642 10% 18% 30%
€ 138.642+ 20% 36% 40%
Non US countries have super high everything taxes
US countries do too, unless you’re rich enough to get around them
It should, IMO, be higher.
Especially when it’s not your kids.
People dont understand how much money like 200.000$ actually is.
It should be lower for 200.000$ then slide up to 100% on anything above 1.000.000$ or so
People inheriting 200.000$ aren’t causing the huge gap in wealth inequality
As I understand it, there’s several people getting houses. Exact figures aren’t given, but it’s likely she’s given away close to a million here.
It would be taxed per recipient, so it wouldn’t go into the 100% territory
Nah, 200k is almost half of what someone earns in a lifetime (and thats before taxes, food, rent…) but I guess there are a lot of temporary embarrassed millionaires out here :-)
I get what you’re saying, and in my ideal world inheritance would be limited to personal effects with sentimental value. I just don’t think being more extreme is going to get us anywhere, and definitely has different moral concerns regarding high value items with sentimental value
Inheritance tax, in my opinion, is a very good thing. It prevents people from passing down wealth and keeps the playing field more even. Obviously nepotism and connections can’t be taxed, but it’s a step in the right direction. It’s not like they “deserved” that money or anything. I’m happy for them, but taxing it seems fine to help people with less.
Unless you’re very wealthy and put your real estate into a company, and pass down the company to your children without paying taxes on it.
This is what’s currently happening in Belgium: https://www.nieuwsblad.be/cnt/dmf20230324_96938388
Or take out loans, works in France.