4 ms·

Convince me, as someone that wasn't even alive when these pensions were being granted, why I should pay for gold-plated pension plans far above and beyond what

Convince me, as someone that wasn't even alive when these pensions were being granted, why I should pay for gold-plated pension plans far above and beyond what I'm expecting to get in my own retirement when I'm seeing less and less value from the services those would-be pensioners provide and in general contribute significantly less "value" to society than the work I do. ... Note that I'm not as anarchist or libertarian as the above makes me sound, but it does emphasize the point I'm trying to make: I don't think you'll ever convince the current generation to pay for the previous one so I don't think there will ever be a collective willingness to pay "moderately higher" taxes. My bet is on an ugly outcome where the old and young battle it out in the courts between haircuts to pension plans and higher taxes with politicians muddling their way to an ugly middle ground that no one likes.

maxerickson 9y ago
That's fine if you are angry about it, I wasn't making a moral argument about what should be done, I was making a point about the scope of the problem. An unwillingness to collectively pay taxes is also a major reason our infrastructure is falling apart. In the scheme of things it wouldn't take all that big an investment to dramatically improve things, it's just fallen out of fashion.
Pinckney 9y ago
Do you own property in an affected jurisdiction? If you don't, you won't be compelled to pay. Pack up and move somewhere that's not fucked. If, OTOH, you bought property, you took on this risk in doing so. You should have priced in the pension shortfall, and the expected future tax repercussions, when you made your purchase, and the seller should have born the cost of their jurisdiction's mismanagement in the form of a reduced property value.

4 ms·

Convince me, as someone that wasn't even alive when these pensions were being granted, why I should pay for gold-plated pension plans far above and beyond what

by WkndTriathlete 9y ago

maxerickson 9y ago
That's fine if you are angry about it, I wasn't making a moral argument about what should be done, I was making a point about the scope of the problem. An unwillingness to collectively pay taxes is also a major reason our infrastructure is falling apart. In the scheme of things it wouldn't take all that big an investment to dramatically improve things, it's just fallen out of fashion.
Pinckney 9y ago
Do you own property in an affected jurisdiction? If you don't, you won't be compelled to pay. Pack up and move somewhere that's not fucked. If, OTOH, you bought property, you took on this risk in doing so. You should have priced in the pension shortfall, and the expected future tax repercussions, when you made your purchase, and the seller should have born the cost of their jurisdiction's mismanagement in the form of a reduced property value.