Stern to World [email protected]English • 3 months agoJapan ‘on verge of no longer functioning’ after birth rate plummets to record new lowwww.independent.co.ukexternal-linkmessage-square330fedilinkarrow-up1152
arrow-up1152external-linkJapan ‘on verge of no longer functioning’ after birth rate plummets to record new lowwww.independent.co.ukStern to World [email protected]English • 3 months agomessage-square330fedilink
minus-square@[email protected]linkfedilinkEnglish2•3 months agoI fully agree, but also, the whole concept of a pension plan only works if the next generation pays it forwards. Meaning this generation is paying for the current retired group, and no one will pay for them.
minus-square@[email protected]linkfedilinkEnglish0•3 months agoYou make the mistake of assuming that pension plans have to be paid by the next generation. Why not use a wealth tax instead?
I fully agree, but also, the whole concept of a pension plan only works if the next generation pays it forwards. Meaning this generation is paying for the current retired group, and no one will pay for them.
You make the mistake of assuming that pension plans have to be paid by the next generation. Why not use a wealth tax instead?