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> to make having children more attractive with government subsidies and labor laws This is a bad idea. Russian government have already tried that, and the resu
by klntsky 7y ago
> to make having children more attractive with government subsidies and labor laws
This is a bad idea. Russian government have already tried that, and the result was that less wealthy people (mostly alcoholic and drug addicts) started to literally make children to receive subsidies and spend them on themselves.
It's fun to me how Google search results differ for "to make a child for subsidies" and for this same phrase translated to Russian, where it has already became a phenomenon.
- mlguy456 7y agoSubsidies can be tied up to mortgage: the entire cost of housing can be made deductible from taxes, all expenses related to kids can be reimbursed (by IRS in April: you show checks and they give you money back). On top of that your income can be backed by the government for an extended period of time in case something happens to you, while you still need to pay for everything. You may ask where do we get money for all this? Tax on wealth. Many countries tax investments at 1% a year, not income, but investments. This won't bankrupt the rich people because investments usually make 5-10% per year and the government can take a small fraction of that. And no, the rich won't move their money abroad because safety that the US gives is worth a lot.