3E Economics par. 6.6

• Economie
• Middelbare school
• vwo
• Leerjaar 3

Negative external effect

Positive external effect

6.2 ass 6

b

c

a

d

e

f

g

Par. 6.3 assignment 9a

1. From € 2,50 to € 3,00
2. From € 2,50 to € 3,50

Par. 6.3 assignment 9c

1. 2 mln x € 1,-
2. 3 mln x € 1,-

Taxes

The Netherlands have a progressive tax system

People with a higher income pay a higher percentage of taxes than people with a lower income ( tax brackets )

( See page 204 and 206 )

This makes differences in income smaller

Harry: gross income € 40.800,-. net income € 26.250,-
Jeroen: gross income € 61.200,-. net income € 36.720,-
Does this country have a progressive tax system?
Show your calculation!

Assignment

Tax% Harry = ( 40.800 - 26.250 ) / 40.800 = 35%

Tax% Jeroen = ( 61.200 - 36.720 ) / 61.200 = 40%

or

61.200 / 40.800 = 1,5

36.720 / 26.250 = 1,4

Taxes

Box system

Box 1: income from employment ( and home )

Box 2: investments in companies ( BV, NV )

Box 3: income from savings and investments

Box 1: source 2 page 204
How much tax does someone with a taxable income of € 30.000,- have to pay?

1. € 10.965
2. € 11.389
3. € 12.255
4. € 23.220

Box 1

1> Gross income

2> Taxable income = Gross income - Deductable items

3> Taxes = Bracket% x Taxable income

F.e. taxable income = € 30.000,-

36,55% x 20.142 = 7.361,90

40,85% x ( 30.000 - 20.142 ) = 4.026,99

Total = 11.388,89

Box 3

F.e. Equity = € 80.000,-

1,30% x ( 80.000 - 70.800 ) = 119,60

0,60% x ( 70.800 - 30.000 ) = 244,80

Equity until 30.000 is exempted

Total = 364,40

Taxes

Total Taxes = Tax Box 1 + Tax Box 2 + Tax Box 3 - Tax credits

Net income = Gross income - Total taxes

Par. 6.6 assignment 3

Use the steps on pages 202 and 203

Steps 4 and 5 not necessary

Par. 6.6 assignment 3

Taxable income = 62.760 - 11.432 = 51.328

( 51.328 - 20.142 ) x 0,4085 = 12.739,48

20.142 x 0,3655 = 7.361,90

Total = 20.101,38

Taxes = 20.101,38 - 2.182 - 805 = 17.114,38

Net income = 62.760 - 17.114,38 = 45.645,62

Hw.

Par. 6.6 assignment 1