The Cold War and the Income Tax legal fees. His troubles lead him to investigate the history of the income tax in the United States, and to write extensively on how the assumptions the IRS makes about how and when people earn income map poorly to the actual way a literary man like Wilson makes a living. He dives into the tax code and discovers that "[t]he question of what ought to be taxed and how much and which deductions ought to be allowed has reached a point of fine-spun complexity that — working in terms of a different set of values — recalls the far-fetched distinctions
Income tax in the Netherlands substantial interest, even if they do not amount to 5%. Income from substantial interest includes: For 2007 only there was a reduced rate ranging from 22 to 25%. See also . There is a flat tax on the total value of the savings and investments of 1.2% per year. It is nominally part of the income tax, as a 30% tax on a fixed assumed yield of 4% of the value of the assets (this is regardless of the actual income from the assets). EUR 21,139 (2012; higher for 65+ with a low income) of the value of the assets