{"id":172710,"date":"2024-10-24T12:41:47","date_gmt":"2024-10-24T10:41:47","guid":{"rendered":"https:\/\/www.erasmusmagazine.nl\/en\/?p=172710"},"modified":"2025-12-19T11:27:32","modified_gmt":"2025-12-19T10:27:32","slug":"repaying-billions-to-the-rich-is-that-such-a-good-idea","status":"publish","type":"post","link":"https:\/\/www.erasmusmagazine.nl\/en\/2024\/10\/24\/repaying-billions-to-the-rich-is-that-such-a-good-idea\/","title":{"rendered":"Repaying billions to the rich, is that such a good idea?"},"content":{"rendered":"<p>The system of wealth tax must be overhauled and the richest people in the Netherlands are entitled to billions in compensation. Economist Aart Gerritsen doubts whether that is fair.<\/p>\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"1131\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-1600x1131.jpg?image-crop-positioner-ts=1766139398\" alt=\"\" class=\"wp-image-172738\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-1600x1131.jpg?image-crop-positioner-ts=1766139398 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-875x619.jpg?image-crop-positioner-ts=1766139398 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-300x212.jpg?image-crop-positioner-ts=1766139398 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-1280x905.jpg?image-crop-positioner-ts=1766139398 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-1536x1086.jpg?image-crop-positioner-ts=1766139398 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-2048x1448.jpg?image-crop-positioner-ts=1766139398 2048w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-150x106.jpg?image-crop-positioner-ts=1766139398 150w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124013\/em-eng-box-3-compensatie-bas-van-der-schot-225x159.jpg?image-crop-positioner-ts=1766139398 225w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><figcaption class=\"wp-element-caption\"><p data-component=\"image-credits\" class=\"flex flex-wrap gap-2 items-center text-base\">\n\t<span aria-hidden=\"true\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M19.5 5.25H16.9012L15.6234 3.33375C15.555 3.23114 15.4623 3.147 15.3535 3.08879C15.2448 3.03057 15.1233 3.00007 15 3H9C8.87665 3.00007 8.75522 3.03057 8.64648 3.08879C8.53773 3.147 8.44502 3.23114 8.37656 3.33375L7.09781 5.25H4.5C3.90326 5.25 3.33097 5.48705 2.90901 5.90901C2.48705 6.33097 2.25 6.90326 2.25 7.5V18C2.25 18.5967 2.48705 19.169 2.90901 19.591C3.33097 20.0129 3.90326 20.25 4.5 20.25H19.5C20.0967 20.25 20.669 20.0129 21.091 19.591C21.5129 19.169 21.75 18.5967 21.75 18V7.5C21.75 6.90326 21.5129 6.33097 21.091 5.90901C20.669 5.48705 20.0967 5.25 19.5 5.25ZM15.375 12.375C15.375 13.0425 15.1771 13.695 14.8062 14.25C14.4354 14.8051 13.9083 15.2376 13.2916 15.4931C12.6749 15.7485 11.9963 15.8154 11.3416 15.6852C10.6869 15.5549 10.0855 15.2335 9.61351 14.7615C9.14151 14.2895 8.82007 13.6881 8.68985 13.0334C8.55962 12.3787 8.62646 11.7001 8.88191 11.0834C9.13735 10.4667 9.56993 9.93964 10.125 9.56879C10.68 9.19794 11.3325 9 12 9C12.8951 9 13.7535 9.35558 14.3865 9.98851C15.0194 10.6214 15.375 11.4799 15.375 12.375Z\" fill=\"currentColor\"\/>\n<\/svg>\n<\/span>\n\t<span class=\"sr-only\">Image by:<\/span>\n\n\t\t\t<span>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/persons\/bas-van-der-schot\/\" class=\"underline hocus:no-underline decoration-1 underline-offset-2\">Bas van der Schot<\/a>\t\t\t\t\t<\/span>\n\t<\/p>\n<\/figcaption><\/figure><p>Since 2001, the Netherlands has taxed a notional return on assets. The Supreme Court ruled in 2021 that this violates the European Convention on Human Rights (ECHR). Last June, the Supreme Court also rejected the bridging act introduced by the government as a temporary solution to the Box 3 problem.<\/p>\n\t<div data-name=\"acf\/featured-text\" class=\"md:mt-6 p-4 md:p-6 lg:p-8 bg-sand-300 theme-sand:bg-white theme-violet:bg-white theme-mocha:bg-white wysiwyg *:last:mb-0!\" >\n\t\t<p>Aart Gerritsen is an associate professor at the Erasmus School of Economics. He researches public policies dealing with the fair distribution of resources, such as the tax system and the minimum wage.<\/p>\n\n\t<\/div>\n<h2 class=\"wp-block-heading\">More about taxes<\/h2><ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2018\/05\/24\/versobering-expat-regeling-schadelijk-voor-nederland-kennisland\/\">\u2018Cuts in expat scheme will damage the Netherlands\u2019 position as knowledge economy\u2019<\/a><\/li><li><a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2023\/03\/28\/zuidas-has-huge-influence-on-tax-law-specialisation\/\">\u2018Zuidas has huge influence on tax law specialisation\u2019<\/a><\/li><li><a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2021\/02\/18\/the-benefits-affair-is-also-the-consequence-of-a-societal-trend-the-general-public-also-demanded-a-zero-tolerance-policy-then-this-is-what-you-end-up-with\/\">The benefits affair is also the consequence of a societal trend: &#8216;The general public also demanded a zero-tolerance policy. Then this is what you end up with.\u2019<\/a><\/li><\/ul><p><strong>What exactly is Box 3 again?<\/strong><\/p>\n<p>\u201cSimply put, the state taxes income from labour and capital. You earn money through work, and that is taxed through wage tax. This is done in Box 1. You can also have income from capital: your own home, pension assets, your own business and savings or investments. Returns on savings and investments are taxed in Box 3.<\/p>\n<p>\u201cIt\u2019s not the actual return on these assets that is taxed in Box 3, but a notional return. Until 2017, the Tax and Customs Administration assumed that every taxpayer made a 4 per cent annual return on their assets, which was then taxed at a rate of 30 per cent. In other words, you had to pay 1.2 per cent tax on your assets whether you actually made the notional return or not.<\/p>\n<p>\u201cAs of 2017, the government has made the notional return dependent on the size of the assets, but it remains notional. Notional returns were introduced to simplify taxation. However, the Netherlands is the only OECD country that doesn\u2019t raise taxes based on actual returns, so it can\u2019t be that difficult. Banks can provide the necessary information to the Tax and Customs Administration.\u201d<\/p>\n\n\t<div data-name=\"acf\/quote\" class=\"align\" >\n\t\t<div class=\"\">\n\t\t\t<figure data-component=\"quote-with-author\" class=\"@container\">\n\t<blockquote class=\"text-md italic @2xl:text-xl @4xl:text-2xl text-purple\">\n\t\t\u2018The Netherlands is the only OECD country that doesn\u2019t raise taxes based on actual returns\u2019\n\t<\/blockquote>\n\n\t<\/figure>\n\t\t<\/div>\n\t<\/div>\n<p><strong>What was the ruling of the Supreme Court?<\/strong><\/p>\n<p>\u201cIn the 2021 \u2018Christmas Ruling\u2019, the Supreme Court found that the system violates the European Convention on Human Rights. The Court gave two reasons for this ruling. First, the system creates too great a financial incentive to engage in risky investment. You won\u2019t make a 4 per cent return on savings, so you have to put your assets into riskier investments to earn that notional percentage.<\/p>\n<p>\u201cSecond, the system discriminates between people with the same assets, but different returns. If you\u2019re unlucky and your return is below the notional percentage, you\u2019ll be taxed relatively more heavily than someone who gets lucky and makes a higher return. This is unfair. The Supreme Court therefore held that the government should compensate the injured parties and change the tax system.\u201d<\/p><figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a225623689db&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a225623689db\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1677\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot.jpg?image-crop-positioner-ts=1766139398\" alt=\"\" class=\"wp-image-172739\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot.jpg?image-crop-positioner-ts=1766139398 2560w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-875x573.jpg?image-crop-positioner-ts=1766139398 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-1600x1048.jpg?image-crop-positioner-ts=1766139398 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-300x197.jpg?image-crop-positioner-ts=1766139398 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-1280x839.jpg?image-crop-positioner-ts=1766139398 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-1536x1006.jpg?image-crop-positioner-ts=1766139398 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-2048x1342.jpg?image-crop-positioner-ts=1766139398 2048w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-150x98.jpg?image-crop-positioner-ts=1766139398 150w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124021\/em-eng-belastingen-box-3-mensenrecht-bas-van-der-schot-225x147.jpg?image-crop-positioner-ts=1766139398 225w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\"><p data-component=\"image-credits\" class=\"flex flex-wrap gap-2 items-center text-base\">\n\t<span aria-hidden=\"true\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M19.5 5.25H16.9012L15.6234 3.33375C15.555 3.23114 15.4623 3.147 15.3535 3.08879C15.2448 3.03057 15.1233 3.00007 15 3H9C8.87665 3.00007 8.75522 3.03057 8.64648 3.08879C8.53773 3.147 8.44502 3.23114 8.37656 3.33375L7.09781 5.25H4.5C3.90326 5.25 3.33097 5.48705 2.90901 5.90901C2.48705 6.33097 2.25 6.90326 2.25 7.5V18C2.25 18.5967 2.48705 19.169 2.90901 19.591C3.33097 20.0129 3.90326 20.25 4.5 20.25H19.5C20.0967 20.25 20.669 20.0129 21.091 19.591C21.5129 19.169 21.75 18.5967 21.75 18V7.5C21.75 6.90326 21.5129 6.33097 21.091 5.90901C20.669 5.48705 20.0967 5.25 19.5 5.25ZM15.375 12.375C15.375 13.0425 15.1771 13.695 14.8062 14.25C14.4354 14.8051 13.9083 15.2376 13.2916 15.4931C12.6749 15.7485 11.9963 15.8154 11.3416 15.6852C10.6869 15.5549 10.0855 15.2335 9.61351 14.7615C9.14151 14.2895 8.82007 13.6881 8.68985 13.0334C8.55962 12.3787 8.62646 11.7001 8.88191 11.0834C9.13735 10.4667 9.56993 9.93964 10.125 9.56879C10.68 9.19794 11.3325 9 12 9C12.8951 9 13.7535 9.35558 14.3865 9.98851C15.0194 10.6214 15.375 11.4799 15.375 12.375Z\" fill=\"currentColor\"\/>\n<\/svg>\n<\/span>\n\t<span class=\"sr-only\">Image by:<\/span>\n\n\t\t\t<span>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/persons\/bas-van-der-schot\/\" class=\"underline hocus:no-underline decoration-1 underline-offset-2\">Bas van der Schot<\/a>\t\t\t\t\t<\/span>\n\t<\/p>\n<\/figcaption><\/figure><p><strong>Do you agree with the ruling?<\/strong><\/p>\n<p>\u201cThe notion that the system provides an incentive to engage in more risky investment doesn\u2019t make economic sense. Taxation in Box 3 is effectively a wealth tax. The tax you pay only depends on how much wealth you have. The tax burden remains the same no matter how you invest this wealth or how much risk you take, so the system doesn\u2019t affect your choice to invest or save at all.<\/p>\n<p>\u201cI\u2019m much more sympathetic to the second argument, that it\u2019s unfair to tax people making different returns equally. Generally, there\u2019s a consensus in the Netherlands that those with the broadest shoulders should bear the greatest burden. If you make a higher return on your assets, it makes sense for you to pay the tax man a little more. Partly for this reason, economists have been calling for far-reaching reforms since the current system was introduced.\u201d<\/p>\n<p><strong>What has been the fallout of the Supreme Court ruling?<\/strong><\/p>\n<p>\u201cThe tax system had to be overhauled. To that end, the State Secretary for Tax Affairs and the Tax Administration introduced a bridging act in 2022. Until we can switch completely to taxing actual returns, the Tax and Customs Administration now distinguishes between different types of assets. Savings are taxed at a lower notional return, while investments are taxed at a higher notional return.<\/p>\n<p>\u201cThis temporary solution is closer to a tax on actual returns. However, it remains problematic because it\u2019s still based on notional returns, which is why the Supreme Court ruled last summer that the bridging act violates the ECHR as well.<\/p>\n<p>\u201cThe Supreme Court also ruled that legal redress was in order. This takes the form of compensation for people who made a lower actual return than the notional return. Following the Christmas Ruling, only those who objected needed to be compensated as from 2017. Last summer\u2019s ruling extends the right to compensation to all those affected as from 2021.\u201d<\/p>\n<p><strong>What do all these compensations cost?<\/strong><\/p>\n<p>\u201cIn 2022, the state already set aside 2.8 billion euros to compensate objectors as a result of the Christmas Ruling. The latest Budget Memorandum estimates that a further 9.8 billion euros must be added to that amount: 6.4 billion for 2017-2024, 1.7 billion for 2025 and 1.8 billion for 2026. These estimates assume that the new Box 3 system will start in 2027, but that now seems unlikely.<\/p>\n<p>\u201cThese are truly staggering amounts. By comparison, the total tax revenue from Box 3 was about 4 billion euros in 2020. That means the government stands to lose three full years of Box 3 revenue.\u201d<\/p>\n\n\t<div data-name=\"acf\/quote\" class=\"align\" >\n\t\t<div class=\"\">\n\t\t\t<figure data-component=\"quote-with-author\" class=\"@container\">\n\t<blockquote class=\"text-md italic @2xl:text-xl @4xl:text-2xl text-purple\">\n\t\t\u2018More than half of the Dutch have no or insufficient assets to pay tax in Box 3\u2019\n\t<\/blockquote>\n\n\t<\/figure>\n\t\t<\/div>\n\t<\/div>\n<p><strong>Compensation for those affected by the childcare allowance affair is estimated at 9.3 billion euros. I hear a lot of fuss about that amount. Box 3 compensation involves much larger amounts, but no one seems to care about that. What is your view?<\/strong><\/p>\n<p>\u201cPerhaps there\u2019s still a perception in the public mind that the victims of the allowance affair did something wrong. Box 3 compensation comes across as a simple miscalculation by the Tax and Customs Administration \u2013 something that merely needs to be rectified administratively.<\/p>\n<p>That\u2019s not really fair. Box 3 compensation effectively means money being funnelled back to the wealthiest people in this country \u2013 the very people we want to tax more heavily in a progressive tax system. As more than half of the Dutch have no or insufficient assets to pay tax in Box 3, this compensation will increase the gap between the rich and the poor. In that respect, I\u2019d rather compensate those affected by the allowance affair.\u201d<\/p>\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a22562369ee3&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a22562369ee3\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon.jpg?image-crop-positioner-ts=1766139398\" alt=\"\" class=\"wp-image-172740\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon.jpg?image-crop-positioner-ts=1766139398 2560w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-875x583.jpg?image-crop-positioner-ts=1766139398 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-1600x1067.jpg?image-crop-positioner-ts=1766139398 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-300x200.jpg?image-crop-positioner-ts=1766139398 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-1280x854.jpg?image-crop-positioner-ts=1766139398 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-1536x1024.jpg?image-crop-positioner-ts=1766139398 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-2048x1366.jpg?image-crop-positioner-ts=1766139398 2048w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-150x100.jpg?image-crop-positioner-ts=1766139398 150w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/10\/24124028\/em-eng-belastingdienst-fictief-rendement-ballon-225x150.jpg?image-crop-positioner-ts=1766139398 225w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\"><p data-component=\"image-credits\" class=\"flex flex-wrap gap-2 items-center text-base\">\n\t<span aria-hidden=\"true\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M19.5 5.25H16.9012L15.6234 3.33375C15.555 3.23114 15.4623 3.147 15.3535 3.08879C15.2448 3.03057 15.1233 3.00007 15 3H9C8.87665 3.00007 8.75522 3.03057 8.64648 3.08879C8.53773 3.147 8.44502 3.23114 8.37656 3.33375L7.09781 5.25H4.5C3.90326 5.25 3.33097 5.48705 2.90901 5.90901C2.48705 6.33097 2.25 6.90326 2.25 7.5V18C2.25 18.5967 2.48705 19.169 2.90901 19.591C3.33097 20.0129 3.90326 20.25 4.5 20.25H19.5C20.0967 20.25 20.669 20.0129 21.091 19.591C21.5129 19.169 21.75 18.5967 21.75 18V7.5C21.75 6.90326 21.5129 6.33097 21.091 5.90901C20.669 5.48705 20.0967 5.25 19.5 5.25ZM15.375 12.375C15.375 13.0425 15.1771 13.695 14.8062 14.25C14.4354 14.8051 13.9083 15.2376 13.2916 15.4931C12.6749 15.7485 11.9963 15.8154 11.3416 15.6852C10.6869 15.5549 10.0855 15.2335 9.61351 14.7615C9.14151 14.2895 8.82007 13.6881 8.68985 13.0334C8.55962 12.3787 8.62646 11.7001 8.88191 11.0834C9.13735 10.4667 9.56993 9.93964 10.125 9.56879C10.68 9.19794 11.3325 9 12 9C12.8951 9 13.7535 9.35558 14.3865 9.98851C15.0194 10.6214 15.375 11.4799 15.375 12.375Z\" fill=\"currentColor\"\/>\n<\/svg>\n<\/span>\n\t<span class=\"sr-only\">Image by:<\/span>\n\n\t\t\t<span>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/persons\/bas-van-der-schot\/\" class=\"underline hocus:no-underline decoration-1 underline-offset-2\">Bas van der Schot<\/a>\t\t\t\t\t<\/span>\n\t<\/p>\n<\/figcaption><\/figure><p><strong>People who paid too much tax in Box 3 will get a refund. Should we then also expect those who made a higher actual return than the notional return to start paying back the excess money to the state?<\/strong><\/p>\n<p>\u201cNo, I suspect it would be legally difficult to introduce such an additional tax demand. People based their savings behaviour on the tax on notional return at the time. The government can\u2019t just retroactively change the rules so that people suddenly owe more tax.<\/p>\n<p>All this means is that the compensation only works one way. That, too, is not really fair. Wealthy people who have overpaid taxes are considered \u2018injured parties\u2019. But if you\u2019re part of the rest of society and you\u2019ve underpaid taxes, you\u2019re not treated the same way.<\/p>\n<p>On top of that, one-way compensation actually creates an incentive to engage in more risky investment. By compensating for bad luck but not taxing for luck, the government makes it more financially attractive to take more risk. Ironically, that\u2019s precisely something the Supreme Court found undesirable about the old system.\u201d<\/p>\n<p><strong>Investing in the AEX produced an average return of about 11 per cent over the past five years, while the flat-rate yield on investment was about 6 per cent. The state treasury is actually losing huge revenue in that regard, right?<\/strong><\/p>\n<p>\u201cAbsolutely. At the moment, the flat-rate yield is chosen so that it corresponds more or less to the average return on risky investments. This roughly means that as many people benefit from having made a higher return than the notional return as there are people who make a lower return than the notional return. As a result, what the government has to pay in compensation roughly corresponds to what it loses, because people with higher returns remain taxed only at the notional return.\u201d<\/p>\n<p><strong>Last summer, the Supreme Court held that the temporary bridging act was still not in line with the ECHR. What do you make of that?<\/strong><\/p>\n<p>\u201cI had mixed feelings about the 2021 Christmas Ruling. Experts had been calling for a tax on actual returns for decades, but those calls were never heeded. With the Christmas Ruling, the Supreme Court forced the government to introduce such a tax. That can be seen as an accomplishment.<\/p>\n<p>\u201cOn the other hand, it also led to a compensation for wealthy objectors that goes against the principle of equalisation of incomes. Moreover, having to defend the viewpoint that this tax goes against human rights is a tough sell. In effect, this is a tax on wealth. Although I feel it\u2019s an awkward policy in economic terms, it seems to me that the government should have the right to introduce such a tax.<\/p>\n<p>\u201cLast summer\u2019s ruling is just bad news for the economy. It will lead to yet more compensations that broaden the income gap. That\u2019s bad enough as it is, but these compensations also take up a lot of capacity from the Tax and Customs Administration \u2013 capacity that it won\u2019t be able to spend on implementing a new tax on actual returns. As a result, new legislation has now been delayed by another year to 2028, leading again to more than a billion in compensation.\u201d<\/p>\n\n\t<div data-name=\"acf\/posts-list\" >\n\t\t\n\t\t<div class=\"space-y-6 md:space-y-8\">\n\n\t\t\t\t\t\t\t<h2 class=\"text-lg md:text-xl\">Read more<\/h2>\n\t\t\t\n\t\t\t<ul class=\"grid items-strecth grid-cols-1 gap-2 md:gap-4 lg:gap-8\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<li class=\"@container\">\n\t\t\t\t\t\t\n<div data-component=\"teaser-post-small\" class=\"block-theme-sand  relative flex h-full bg-sand-300\n\tblock-theme-violet:bg-white block-theme-violet:text-purple block-theme-mocha:bg-sand-500 block-theme-mocha:text-brown\n\tblock-theme-sand:bg-sand-300 block-theme-sand:text-neutral-900\n\tblock-theme-violet:outline-purple-100 block-theme-violet:outline-1 block-theme-violet:outline-t-0\n\ttheme-mocha:bg-white! theme-violet:bg-white! theme-sand:bg-white!\n\tflex-row gap-4 @md:gap-8 p-4 @md:p-6\">\n\t\t\t<div class=\"image:w-full image:aspect-square image:object-cover shrink-0 size-17.5 @sm:size-21.25 @md:size-30 @lg:size-40\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"460\" height=\"325\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin.jpg?image-crop-positioner-ts=1766139394\" class=\"attachment-square_lg size-square_lg\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin.jpg?image-crop-positioner-ts=1766139394 2560w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-875x619.jpg?image-crop-positioner-ts=1766139394 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-1600x1131.jpg?image-crop-positioner-ts=1766139394 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-300x212.jpg?image-crop-positioner-ts=1766139394 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-1280x905.jpg?image-crop-positioner-ts=1766139394 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-1536x1086.jpg?image-crop-positioner-ts=1766139394 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-2048x1448.jpg?image-crop-positioner-ts=1766139394 2048w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-150x106.jpg?image-crop-positioner-ts=1766139394 150w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/09\/26114337\/em-eng-pandemie-dood-dieren-rad-van-fortuin-225x159.jpg?image-crop-positioner-ts=1766139394 225w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\" \/>\n\t\t<\/div>\n\t\n\t<div class=\"flex flex-col gap-2 md:gap-4 \">\n\t\t\t\t<h3 class=\"text-md @lg:text-lg\">\n\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2024\/09\/26\/300-million-cut-from-infectious-disease-control-extreme-short-term-thinking\/\" class=\"absolute-link text-current hocus:underline inline-block\">\n\t\t\t\t300 million cut from infectious disease control? \u2018Extreme short-term thinking\u2019\n\t\t\t<\/a>\n\t\t<\/h3>\n\n\t\t<div class=\"flex flex-wrap gap-4 items-center\">\n\t\t\t<span class=\"sr-only\">Gepubliceerd op:<\/span>\n\t\t\t<time class=\"text-sm font-soehne text-neutral-900\" datetime=\"2024-09-26\">26 September 2024<\/time>\n\n\t\t\t\t\t\t\t\t\t\t\t\n\t<ul data-component=\"list-badges\" class=\"flex items-center gap-2 flex-wrap\" aria-label=\"Geplaatst in categorie\">\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tThe Issue\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\n\t\t\t\t\t<\/div>\n\t<\/div>\n\n\t<div data-name=\"acf\/persons\" class=\"mt-6 md:mt-8 lg:mt-10\" >\n\t\t\t\t\t<h2 class=\"sr-only\">De redactie<\/h2>\n\t\t\n\t\t<div class=\"space-y-6\">\n\n\t\t\t\n\t\t\t<ul class=\"grid grid-cols-1 md:grid-cols-2 gap-4 md:gap-8 md:items-center\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<div data-component=\"teaser-person\" class=\"relative flex gap-4 items-center md:gap-8\">\n\n\t\t\t<span class=\"image:rounded-full image:size-20 image:aspect-square image:object-cover md:image:size-36 shrink-0\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"1600\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-1600x1600.jpg?image-crop-positioner-ts=1771856574\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-1600x1600.jpg?image-crop-positioner-ts=1771856574 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-875x875.jpg?image-crop-positioner-ts=1771856574 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-300x300.jpg?image-crop-positioner-ts=1771856574 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-1280x1280.jpg?image-crop-positioner-ts=1771856574 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-1536x1536.jpg?image-crop-positioner-ts=1771856574 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-115x115.jpg?image-crop-positioner-ts=1771856574 115w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-230x230.jpg?image-crop-positioner-ts=1771856574 230w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur-460x460.jpg?image-crop-positioner-ts=1771856574 460w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/Manon-Dillen_redacteur.jpg?image-crop-positioner-ts=1771856574 1707w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/>\n\t\t<\/span>\n\t\n\t<div>\n\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/persons\/manon-dillen\/\" class=\"absolute-link font-tiempos-headline underline hocus:no-underline decoration-1 underline-offset-2 text-lg text-current\">Manon Dillen<\/a>\n\n\t\t\t\t\t<p class=\"text-md\">Editor<\/p>\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t<\/div>\n\n\t<div data-name=\"acf\/posts\" class=\"alignfull py-6 md:py-8 lg:py-10 bg-white\" >\n\t\t<div class=\"container-fixed\">\n\n\t\t\t\n\t\t\t<div class=\"space-y-6 md:space-y-8\">\n\n\t\t\t\t\t\t\t\t\t<h2 class=\"text-xl md:text-2xl\">Latest news<\/h2>\n\t\t\t\t\n\t\t\t\t\t\n\t<ul data-component=\"post-grid\" class=\"grid items-stretch grid-cols-1 gap-2 md:gap-4 lg:gap-8 text-zoom-lg:grid-cols-1\n\t\t\n\t\tlg:grid-cols-3\n\t\t\">\n\n\t\t\n\t\t\t\t\t\t\n\t\t\t\n\t\t\t<li class=\"@container\">\n\t\t\t\t\n<div data-component=\"teaser-post\" class=\"block-theme-sand hidden lg:flex h-full relative flex bg-sand-300\n\tblock-theme-violet:bg-white block-theme-violet:text-purple block-theme-mocha:bg-sand-500 block-theme-mocha:text-brown\n\tblock-theme-sand:bg-sand-300 block-theme-sand:text-neutral-900\n\tblock-theme-violet:outline-purple-100 block-theme-violet:outline-1 block-theme-violet:outline-t-0\n\tflex-col @xl:flex-row\">\n\t\t\t<div class=\"relative image:w-full image:aspect-video image:object-cover shrink-0 w-full @xl:w-1\/2\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"720\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande.jpg?image-crop-positioner-ts=1766139430\" class=\"attachment-video_xl size-video_xl\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande.jpg?image-crop-positioner-ts=1766139430 2560w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-875x583.jpg?image-crop-positioner-ts=1766139430 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-1600x1067.jpg?image-crop-positioner-ts=1766139430 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-300x200.jpg?image-crop-positioner-ts=1766139430 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-1280x854.jpg?image-crop-positioner-ts=1766139430 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-1536x1024.jpg?image-crop-positioner-ts=1766139430 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-2048x1366.jpg?image-crop-positioner-ts=1766139430 2048w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-150x100.jpg?image-crop-positioner-ts=1766139430 150w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-225x150.jpg?image-crop-positioner-ts=1766139430 225w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/>\n\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"flex flex-col gap-2 md:gap-4 p-4 @md:p-8 @xl:p-8 \">\n\n\t\t\t\t<h3 class=\"text-md @sm:text-xl @md:text-2xl @xl:text-2xl\">\n\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2026\/06\/04\/universiteit-rapporteert-datalek-in-medewerkersonderzoek\/\" class=\"absolute-link text-current underline-offset-2 decoration-2 hocus:underline @md:decoration-3 @xl:decoration-4 inline-block\">\n\t\t\t\tUniversity reports data breach in staff survey\n\t\t\t<\/a>\n\t\t<\/h3>\n\n\t\t<div class=\"flex flex-wrap gap-4 items-center\">\n\t\t\t<span class=\"sr-only\">Gepubliceerd op:<\/span>\n\t\t\t<time class=\"text-sm font-soehne text-neutral-900\" datetime=\"2026-06-04\">4 June 2026<\/time>\n\n\t\t\t\t\t\t\t\t\t\t\t\n\t<ul data-component=\"list-badges\" class=\"flex items-center gap-2 flex-wrap\" aria-label=\"Geplaatst in categorie\">\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tIT\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tPrivacy\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t\t\n<div data-component=\"teaser-post-small\" class=\"block-theme-sand lg:hidden relative flex h-full bg-sand-300\n\tblock-theme-violet:bg-white block-theme-violet:text-purple block-theme-mocha:bg-sand-500 block-theme-mocha:text-brown\n\tblock-theme-sand:bg-sand-300 block-theme-sand:text-neutral-900\n\tblock-theme-violet:outline-purple-100 block-theme-violet:outline-1 block-theme-violet:outline-t-0\n\ttheme-mocha:bg-white! theme-violet:bg-white! theme-sand:bg-white!\n\tflex-row gap-4 @md:gap-8 p-4 @md:p-6\">\n\t\t\t<div class=\"image:w-full image:aspect-square image:object-cover shrink-0 size-17.5 @sm:size-21.25 @md:size-30 @lg:size-40\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"460\" height=\"307\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande.jpg?image-crop-positioner-ts=1766139430\" class=\"attachment-square_lg size-square_lg\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande.jpg?image-crop-positioner-ts=1766139430 2560w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-875x583.jpg?image-crop-positioner-ts=1766139430 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-1600x1067.jpg?image-crop-positioner-ts=1766139430 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-300x200.jpg?image-crop-positioner-ts=1766139430 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-1280x854.jpg?image-crop-positioner-ts=1766139430 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-1536x1024.jpg?image-crop-positioner-ts=1766139430 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-2048x1366.jpg?image-crop-positioner-ts=1766139430 2048w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-150x100.jpg?image-crop-positioner-ts=1766139430 150w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2025\/06\/16152131\/Erudite_Teams_Microsoft_ChatGPT_Computer_Chat_Vragen_Sonja-Schravesande-225x150.jpg?image-crop-positioner-ts=1766139430 225w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\" \/>\n\t\t<\/div>\n\t\n\t<div class=\"flex flex-col gap-2 md:gap-4 \">\n\t\t\t\t<h3 class=\"text-md @lg:text-lg\">\n\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2026\/06\/04\/universiteit-rapporteert-datalek-in-medewerkersonderzoek\/\" class=\"absolute-link text-current hocus:underline inline-block\">\n\t\t\t\tUniversity reports data breach in staff survey\n\t\t\t<\/a>\n\t\t<\/h3>\n\n\t\t<div class=\"flex flex-wrap gap-4 items-center\">\n\t\t\t<span class=\"sr-only\">Gepubliceerd op:<\/span>\n\t\t\t<time class=\"text-sm font-soehne text-neutral-900\" datetime=\"2026-06-04\">4 June 2026<\/time>\n\n\t\t\t\t\t\t\t\t\t\t\t\n\t<ul data-component=\"list-badges\" class=\"flex items-center gap-2 flex-wrap\" aria-label=\"Geplaatst in categorie\">\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tIT\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tPrivacy\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\n\t\t\t\t\t\t\n\t\t\t\n\t\t\t<li class=\"@container\">\n\t\t\t\t\n<div data-component=\"teaser-post\" class=\"block-theme-mocha hidden lg:flex h-full relative flex bg-sand-300\n\tblock-theme-violet:bg-white block-theme-violet:text-purple block-theme-mocha:bg-sand-500 block-theme-mocha:text-brown\n\tblock-theme-sand:bg-sand-300 block-theme-sand:text-neutral-900\n\tblock-theme-violet:outline-purple-100 block-theme-violet:outline-1 block-theme-violet:outline-t-0\n\tflex-col @xl:flex-row\">\n\t\t\t<div class=\"relative image:w-full image:aspect-video image:object-cover shrink-0 w-full @xl:w-1\/2\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-1280x720.png?image-crop-positioner-ts=1780564333\" class=\"attachment-video_xl size-video_xl\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-1280x720.png?image-crop-positioner-ts=1780564333 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-500x282.png?image-crop-positioner-ts=1780564333 500w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-832x468.png?image-crop-positioner-ts=1780564333 832w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/>\n\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"flex flex-col gap-2 md:gap-4 p-4 @md:p-8 @xl:p-8 \">\n\n\t\t\t\t<h3 class=\"text-md @sm:text-xl @md:text-2xl @xl:text-2xl\">\n\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2026\/06\/04\/u-raad-zenuwen-over-personeelsbeleid-gevoelige-samenwerkingen-en-de-canvas-hack\/\" class=\"absolute-link text-current underline-offset-2 decoration-2 hocus:underline @md:decoration-3 @xl:decoration-4 inline-block\">\n\t\t\t\tU-council: tension over personnel policy, sensitive collaborations and the Canvas hack\n\t\t\t<\/a>\n\t\t<\/h3>\n\n\t\t<div class=\"flex flex-wrap gap-4 items-center\">\n\t\t\t<span class=\"sr-only\">Gepubliceerd op:<\/span>\n\t\t\t<time class=\"text-sm font-soehne text-neutral-900\" datetime=\"2026-06-04\">4 June 2026<\/time>\n\n\t\t\t\t\t\t\t\t\t\t\t\n\t<ul data-component=\"list-badges\" class=\"flex items-center gap-2 flex-wrap\" aria-label=\"Geplaatst in categorie\">\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tEM U-council report\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t\t\n<div data-component=\"teaser-post-small\" class=\"block-theme-mocha lg:hidden relative flex h-full bg-sand-300\n\tblock-theme-violet:bg-white block-theme-violet:text-purple block-theme-mocha:bg-sand-500 block-theme-mocha:text-brown\n\tblock-theme-sand:bg-sand-300 block-theme-sand:text-neutral-900\n\tblock-theme-violet:outline-purple-100 block-theme-violet:outline-1 block-theme-violet:outline-t-0\n\ttheme-mocha:bg-white! theme-violet:bg-white! theme-sand:bg-white!\n\tflex-row gap-4 @md:gap-8 p-4 @md:p-6\">\n\t\t\t<div class=\"image:w-full image:aspect-square image:object-cover shrink-0 size-17.5 @sm:size-21.25 @md:size-30 @lg:size-40\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"460\" height=\"460\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-460x460.png?image-crop-positioner-ts=1780564333\" class=\"attachment-square_lg size-square_lg\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-460x460.png?image-crop-positioner-ts=1780564333 460w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-115x115.png?image-crop-positioner-ts=1780564333 115w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/university-council-2-June-2026-AmiRinn-230x230.png?image-crop-positioner-ts=1780564333 230w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\" \/>\n\t\t<\/div>\n\t\n\t<div class=\"flex flex-col gap-2 md:gap-4 \">\n\t\t\t\t<h3 class=\"text-md @lg:text-lg\">\n\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2026\/06\/04\/u-raad-zenuwen-over-personeelsbeleid-gevoelige-samenwerkingen-en-de-canvas-hack\/\" class=\"absolute-link text-current hocus:underline inline-block\">\n\t\t\t\tU-council: tension over personnel policy, sensitive collaborations and the Canvas hack\n\t\t\t<\/a>\n\t\t<\/h3>\n\n\t\t<div class=\"flex flex-wrap gap-4 items-center\">\n\t\t\t<span class=\"sr-only\">Gepubliceerd op:<\/span>\n\t\t\t<time class=\"text-sm font-soehne text-neutral-900\" datetime=\"2026-06-04\">4 June 2026<\/time>\n\n\t\t\t\t\t\t\t\t\t\t\t\n\t<ul data-component=\"list-badges\" class=\"flex items-center gap-2 flex-wrap\" aria-label=\"Geplaatst in categorie\">\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tEM U-council report\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\n\t\t\t\t\t\t\n\t\t\t\n\t\t\t<li class=\"@container\">\n\t\t\t\t\n<div data-component=\"teaser-post\" class=\"block-theme-sand hidden lg:flex h-full relative flex bg-sand-300\n\tblock-theme-violet:bg-white block-theme-violet:text-purple block-theme-mocha:bg-sand-500 block-theme-mocha:text-brown\n\tblock-theme-sand:bg-sand-300 block-theme-sand:text-neutral-900\n\tblock-theme-violet:outline-purple-100 block-theme-violet:outline-1 block-theme-violet:outline-t-0\n\tflex-col @xl:flex-row\">\n\t\t\t<div class=\"relative image:w-full image:aspect-video image:object-cover shrink-0 w-full @xl:w-1\/2\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1082\" height=\"720\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-scaled.jpg?image-crop-positioner-ts=1766139385\" class=\"attachment-video_xl size-video_xl\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-scaled.jpg?image-crop-positioner-ts=1766139385 2560w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-875x582.jpg?image-crop-positioner-ts=1766139385 875w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-1600x1065.jpg?image-crop-positioner-ts=1766139385 1600w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-300x200.jpg?image-crop-positioner-ts=1766139385 300w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-1280x852.jpg?image-crop-positioner-ts=1766139385 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-1536x1022.jpg?image-crop-positioner-ts=1766139385 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-2048x1363.jpg?image-crop-positioner-ts=1766139385 2048w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-150x100.jpg?image-crop-positioner-ts=1766139385 150w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-225x150.jpg?image-crop-positioner-ts=1766139385 225w\" sizes=\"auto, (max-width: 1082px) 100vw, 1082px\" \/>\n\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"flex flex-col gap-2 md:gap-4 p-4 @md:p-8 @xl:p-8 \">\n\n\t\t\t\t<h3 class=\"text-md @sm:text-xl @md:text-2xl @xl:text-2xl\">\n\t\t\t<a href=\"https:\/\/www.erasmusmagazine.nl\/en\/2026\/06\/04\/ruim-de-helft-van-de-medewerkers-heeft-stress-door-werk\/\" class=\"absolute-link text-current underline-offset-2 decoration-2 hocus:underline @md:decoration-3 @xl:decoration-4 inline-block\">\n\t\t\t\tMore than half of staff experience work-related stress\n\t\t\t<\/a>\n\t\t<\/h3>\n\n\t\t<div class=\"flex flex-wrap gap-4 items-center\">\n\t\t\t<span class=\"sr-only\">Gepubliceerd op:<\/span>\n\t\t\t<time class=\"text-sm font-soehne text-neutral-900\" datetime=\"2026-06-04\">4 June 2026<\/time>\n\n\t\t\t\t\t\t\t\t\t\t\t\n\t<ul data-component=\"list-badges\" class=\"flex items-center gap-2 flex-wrap\" aria-label=\"Geplaatst in categorie\">\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tCampus\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t\t\n<div data-component=\"teaser-post-small\" class=\"block-theme-sand lg:hidden relative flex h-full bg-sand-300\n\tblock-theme-violet:bg-white block-theme-violet:text-purple block-theme-mocha:bg-sand-500 block-theme-mocha:text-brown\n\tblock-theme-sand:bg-sand-300 block-theme-sand:text-neutral-900\n\tblock-theme-violet:outline-purple-100 block-theme-violet:outline-1 block-theme-violet:outline-t-0\n\ttheme-mocha:bg-white! theme-violet:bg-white! theme-sand:bg-white!\n\tflex-row gap-4 @md:gap-8 p-4 @md:p-6\">\n\t\t\t<div class=\"image:w-full image:aspect-square image:object-cover shrink-0 size-17.5 @sm:size-21.25 @md:size-30 @lg:size-40\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"460\" height=\"306\" src=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-scaled.jpg?image-crop-positioner-ts=1766139385\" class=\"attachment-square_lg size-square_lg\" alt=\"\" srcset=\"https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-scaled.jpg?image-crop-positioner-ts=1766139385 2560w, 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https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-1280x852.jpg?image-crop-positioner-ts=1766139385 1280w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-1536x1022.jpg?image-crop-positioner-ts=1766139385 1536w, https:\/\/www.erasmusmagazine.nl\/en\/wp-content\/uploads\/sites\/8\/2024\/07\/02142031\/Erasmus-Universiteit-campus-serie-loopbrug-Tinbergen-H-gebouw-fiets-studenten-trap_2024_100424-149_Ronald-van-den-Heerik-2048x1363.jpg?image-crop-positioner-ts=1766139385 2048w, 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flex-wrap gap-4 items-center\">\n\t\t\t<span class=\"sr-only\">Gepubliceerd op:<\/span>\n\t\t\t<time class=\"text-sm font-soehne text-neutral-900\" datetime=\"2026-06-04\">4 June 2026<\/time>\n\n\t\t\t\t\t\t\t\t\t\t\t\n\t<ul data-component=\"list-badges\" class=\"flex items-center gap-2 flex-wrap\" aria-label=\"Geplaatst in categorie\">\n\t\t\t\t\t<li>\n\t\t\t\t\t<div data-component=\"badge\" class=\"block-theme-violet:bg-purple font-soehne font-bold text-sm bg-brown-600 block-theme-violet:bg-purple text-white py-[2px] px-2\">\n\t\t\t\t\tCampus\n\t\t\t<\/div>\n\t\t\t<\/li>\n\t\t\t<\/ul>\n\t\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t<\/ul>\n\n\t\t\t\t\t\t\t\t\t<div class=\"text-right text-brown-600\">\n\t\t\t\t\t\t\n\n\n\n<a\n\tdata-variant=\"outline\"\n\tdata-size=\"default\"\n\tclass=\"group inline-flex justify-center items-center gap-2 cursor-pointer text-md font-soehne underline-offset-2 decoration-2 px-4 min-h-[3.75rem] border-2 border-current 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Economist Aart Gerritsen doubts whether that is fair. Since 2001, the Netherlands has taxed a notional return on assets. The Supreme Court ruled in 2021 that this violates the European Convention on Human Rights [&hellip;]<\/p>\n","protected":false},"author":303,"featured_media":172738,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_trash_the_other_posts":false,"editor_notices":[],"footnotes":""},"categories":[134],"em_content_type":[],"class_list":["post-172710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-kwestie-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Repaying billions to the rich, is that such a good idea?<\/title>\n<meta name=\"description\" content=\"The system of wealth tax must be overhauled and the richest people in the Netherlands are entitled to billions in compensation. 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