XIX Century: Adam Smith & Karl Marx

The 30 Percent Rule (NL)

The 30 Percent Rule

The 30 Percent Rule is a personal income tax reduction for select employees in the Netherlands. It applies to specialized foreign employees who are brought to the Netherlands because their skills are scarce in the Dutch marketplace. The scarcity of work force with particular skills is reviewed annually "The 30% rule".
The purpose of the 30 Percent Rule to compensate employees for the extra costs of their temporary stay in the Netherlands. The effect is to make the Netherlands competitive in the international marketplace for skilled labour, since normal Dutch income tax rates are high (in comparison with other countries) and may discourage some employees from accepting assignments in the Netherlands.
However, there are consequences for possible future unemployment aid, tax deduction for a mortgage and other benefits.
The 30 Percent Rule allows an employer to exempt from income tax up to 30% of the employee's annual remuneration (the "Basis") and used to be applicable for the first 10 years of their stay in the Netherlands Inkomstenbelasting Wet 2001.
New legislation, is in force from 1 January 2012. By new legislation, period is shorted from 10 years to 8 years, with 5 year transition period. Also, foreign students acquiring PhD in the Netherlands are eligible for 30% ruling, even though they were not hired from abroad "Changes in 30% rule".
The Dutch tax authority allows for two options:

• 30% tax-free is reimbursed based on registered receipts for extraterritorial costs (e.g. maintenance of an own house in the country of origin, travel expenses, relocation costs, language courses, long-distance telephone calls)
• the Dutch tax office can upon an approved application of an employee grant 30% tax exemption on the employees remuneration.

In addition, the employer may provide a tax-free reimbursement of the fees paid for the employee's children to attend an international school.
The Dutch income tax law does not, however, specify, how will the benefit of the 30% rule be divided between the employee and his/her employer. Some employers (e.g. Shell B.V.) have stipulated in their general working conditions that the 30% rule benefit is solely for the benefit of the company arguing that salaries of their local workers would not be on par with their foreign work force.
A similar rule also applies to compensate Dutch employees who are assigned to work in designated developing countries or to the Dutch nationals returning to the Netherlands after a substantial period of living abroad.
Note that it typically takes two to three months from the application for the rule to be granted. The excess tax paid in the meantime is repaid to the applicant once the rule is granted.

See also

• Corporate Tax in the Netherlands
• Taxation in the Netherlands
•  

http://en.wikipedia.org/wiki/Income_tax_in_the_Netherlands

German philosophers vs. Greek philosophers: just for fun

People living in nature have a right to life, and a right to do whatever is necessary to protect and better their life.  In other words, people will always protect themselves by trying to get what they think is good, and trying to avoid what they think is bad.  This is just common sense. 

Problems arise because people are ruled by their emotions.  Emotions are powerful urges that motivate actions.  Because emotions are not carefully thought out, they are unpredictable and dangerous.  When people are ruled by emotions, they often argue and fight with each other. The only way to protect yourself from violence is to threaten greater violence in return. This is why nature is so insecure.

Spinoza, Ethics 4,XXXVI Note II, ParaphraseEthics Workbook I

Capitalism and Marx

Capitalism and Marx

Main article: Marxian economics

Karl Marx provided a fundamental critique of classical economics, based on the labour theory of value.

Just as the term "mercantilism" had been coined and popularised by its critics, like Adam Smith, so was the term "capitalism" or Kapitalismus used by its dissidents, primarily Karl Marx. Karl Marx (1818–1883) was, and in many ways still remains the pre-eminent socialist economist. His combination of political theory represented in the Communist Manifesto and the dialectic theory of historyinspired by Friedrich Hegel provided a revolutionary critique of capitalism as he saw it in the nineteenth century. The socialist movement that he joined had emerged in response to the conditions of people in the new industrial era and the classical economics which accompanied it. He wrote his magnum opus Das Kapital at the British Museum's library.

http://en.wikipedia.org/wiki/History_of_economic_thought#Capitalism_and_Marx