term net value It is one of the most used search terms on the Internet, and is associated with the names of artists, athletes, business leaders, and other wealthy people. Also, or especially in our country, where their finances are traditionally not a subject of discussion because of the “ordinary”, many are happy to enter the earth’s richest people. Jurt Keelder, TV presenter and financial educator, talks about the Dutch taboo about being open about salary and possessions. And – can you get a million? “Money is actually a forbidden thing, a dirty thing. The inhabitants of this so-called egalitarian country should be ashamed of it.”
Or Jort Keelder, journalist, former editor-in-chief of the magazine quotes And TV presenter, sometimes writes “net worth” himself when looking for information about celebrities? “Sometimes. Most of the information you read about wealthy people online is dirty business — and I rarely come up with proper accounts. Ten years later 500 . quote I understand that too. It is very difficult. The requirement to publish is very minimal – what is worth something that can only be determined exactly in the case of listed companies. One of the reasons why I demand public disclosure of tax returns. I think we should know what the Brenninkmeijers of C&A and the Blokkers and business giants like Van Vlissingens pay as taxes in their country.”
An interview with Jort Kielder
Speaking of net worth… is there anything about your net worth on the internet?
Geert Kielder: ‘That’s not what I saw. The tax authorities classify me with millionaires, but they’re on my heels. I am not financially independent. If I stop working tomorrow, I will have to cut back on my lifestyle. Is it snow? “
I started in the 1990s in the world of journalism and finance. Are there waves in the way people with money are seen in the Netherlands?
The tone and appreciation of the rich or successful changes somewhat with the tide of economics and public debate. There was some relaxation in the ’90s with soaring stock prices, home prices and money culture, but the key word usually remains daunting, Calvinism, not to say jealous. Money is in fact a forbidden thing, a dirty thing … The inhabitant of the so-called equal state should be ashamed of it.
You can now see it clearly in the energy debate. He constantly writes about “people who don’t need money at all”. Just a guide. From an idea Jan Marisenn once added to me: “Why would someone want more than 10 million?” Well Jan, why does Messi want to keep scoring goals?
In fact, political preference does not matter, because even for members of the VVD, businessmen and other usually right types, talking about their money is almost more difficult than sharing their sexual adventures. You can even see it in Tone Editing Financial Times. They have weird left-wing columnists and would rather print a deeply ethical interview with French economist Thomas Piketty, who specializes in economic inequality, than print an interview with a first-generation entrepreneur who takes pride in his money. Perhaps this is also because the vast majority of journalists are left-leaning and, moreover, they themselves are not in a lucky position to have a good bank balance. This does not help. In fact, they don’t have enough privacy within 1 percent to know anything about the rich. Not to mention understanding.
The founder of Patagonia, the chief of clothing and equipment for outdoor activities, leaves the company not to his children, but to an enterprise. Good work with your money, is that a thing of this time?
Certainly not, noble commitment is of all time, but the American thieves’ barons, the great industrialists, were the first to put big money into charities. At the turn of the century, Scottish-American steel magnate Andrew Carnegie donated thousands of libraries to promote literacy. Patagonia received much of the Publicity.Not because it’s so popular, but precisely because it remains unique.Great promotion, but I can imagine many families want to attract the next generation into the company.And then you shouldn’t compromise on it and definitely don’t make a basis for it.Then it becomes impractical and the company will irreversibly vanish.
Of course, all people suggested that Patagonia become the norm, without thinking much about the consequences. In this way, all firms in one generation are private equity firms, so they are pure commodities. So stupid, families invest long term. It fits with the rhetoric that the inheritance tax should be raised, perhaps to 100 percent. A nice left swerve, but it removes any incentive to pass anything and will unleash a huge tax trip. These left-wing demagogues have a point, because the company’s succession scheme and the cheery chest in front of the houses have produced a generation of wealthy baby millennials. The only question is whether the socialist alternative will not become more infuriating. Why shouldn’t parents give their children something? Especially with money that is already paid wealth tax every year.
The inheritance tax here, after some nuts, with exemptions between 20 and 40 percent is a civilized rate. Look, you can try to remove it because Kaag and Klaver think they’re happy with their supporters, but you’ll have to pay D66 members who already have millions in Belgium, London, Switzerland or Italy. There they pay nothing or almost nothing, and the finance minister of the state simply has to take into account this greed and ingenuity. Or do you want to imitate Venezuela, Liberia or Cuba? “
The Netherlands is the most settled country in the world. However, politicians and the media still believe that wealth is not well distributed. Will that picture change?
A lot of nonsense is said about the so-called gap between income and wealth in particular. Laura van Geest, former director of the Central Planning Office, wrote a report on the differences between the rich and the poor, which politicians and the media forcefully took out of context. However, if you zoom in, you’ll see that it’s only really skewed at one percent, and if you look closely, you’ll only find the top of one percent. For the rest we are as flat as a dime.
Wealth inequality has not increased but decreased, as the European Central Bank has emphasized for years. This is due to rising housing prices, but it does not fit well with the narrative that left-wing politicians and journalists are telling us. I don’t want to say that there is no injustice and that some generations are unlucky and some are unlucky, but left or right, the Netherlands is one of the most chaotic countries in the world. The statistic showing wealth inequality here after the US is the largest, because of statistical bias – 1.7 trillion euros in pensions are ignored – and because most governments don’t have proper data on their citizens at all. Or do you really think that the Netherlands and Denmark are more unfair than, say, Russia and Brazil? It’s annoying that so many media outlets then scream this nonsense, and then the politicians feel compelled to take “action” again.
If the economy grows and the government does not pursue an income policy, the differences will always grow, but this is exactly what all Rutte coffers have tried to reverse with a torrent of equalizing measures. From eliminating the highest rate mortgage interest to raising the villa tax, from introducing a “one-time crisis tax” on higher incomes to paying high fake returns at a much higher rate in Box 3.
Prime Minister VVD Rutte settled harder than the red Joop den Uyl in the 1970s, but since the government built very few homes and set the interest rate at 0 to save southern Europe and sprinkle billions of helicopter money into the economy, I’ve seen huge amounts of real estate and stock values soar . Logically. All these leftists seem puzzled by the balloon they inflated themselves. Funny, too, because every idiot can predict that if building permits are not issued while the population is growing and interest is zero, prices and therefore paper assets will explode.”
Rich or poor… Do you have examples of both categories?
“May I judge who is right and who is not? The “first generation of money” often has bad taste. It buys white huts, bleached and inflated women, and cars with ugly rims. But I have a poor place for them, because they They earn themselves. I think it is very rich, especially if you allow others to share in your prosperity. I very much welcome socialism to your employees and friends. I just don’t like the clergyman who rocks the collecting box all day. Aside from some excesses of Vinkeveen and Laren, most wealthy Dutch people live frugally. somewhat humble.”
Once upon a time, millionaire status was a beautiful milestone. With all this inflation, a million isn’t enough, right? Where is the new millionaire bar for you?
“It’s different for everyone of course. We used to assume a million or seven. Then you can live in reasonable luxury when you come back without getting too depleted. But yes, with ten million in cash, 10 percent inflation, and still negative interest rates, you increase Poverty every day So: How much do you need?The category that specializes in yachts and planes burns at least ten million a year.
BUT: If you only have a mid-size villa and cottage, drive some cars and pay for air, pop up every now and then at a 5-star resort and often eat out, you might end up with a few tons of net. Annually, the “Millionaire Lifestyle” show. Then you need at least seven million euros. And if you are really very rich and do not have to go to Brasschaat for money, you drive an old golf, eat out of the estate and inherit your furniture, clothes and jewelry. Then I put the heating on 16, put on a couple of moth sweaters and stumbled across your plot like an eccentric rich man. It is also possible and does not cost anything
Anyway, let’s realize that if you are an entrepreneur and have less than 2 million in cash, say, around the age of 67, your age may become poorer than the age of a slave who has been faithfully paid his pension by his boss. This is why current discussions of wealth distribution are skewed. It already includes all the reserves of entrepreneurs in box 2, but it is convenient to forget about the more than 1,500 billion in pension reserves that the vast majority of wage slaves have at their disposal, thank God.
I say thank God, because the Netherlands, along with Denmark, is one of the few European countries with a strong pension system. The Danes have been a little smarter by staying out of the eurozone. As a result, the entire Eurozone is now looking up with fondness at the very large golden pension hen roaming within our borders…I am curious how and when the French, Italians and Spaniards think they will harvest these Dutch eggs.”
Let’s go back to the main question: why money and income are not talked about in the Netherlands. Calvin’s clammy blanket, suffocating? Or is there other things at play?
“Many Dutch people are frugal and afraid to pay for all the rides. And if you just passed by quotes They are declared the richest man in the village, do you understand who has to ring the bell at the hockey club on Sundays.”
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