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Who says it's other tax payers' money? We all go through periods in our lives when we pay into the system and periods when we draw on it. As a child a large amo
by madhadron 5y ago
Who says it's other tax payers' money? We all go through periods in our lives when we pay into the system and periods when we draw on it. As a child a large amount of money was paid to educate you, to provide you with vaccinations, to try to provide some kind of safety net for you, however dysfunctional it often is. At the end of your life, you will be paid a pension that other people pay into.
If people go from exploitative, miserable jobs to better paying jobs, they are going to pay more taxes. Effectively the later them is paying for the earlier them. An actuary could probably estimate how much support is likely to produce a positive value. Perhaps our society should be giving everyone a sabbatical year ever decade or something like that?
This is also why doing it as a public insurance system is better than via private savings. Private savings can only go one direction in term and are subject to large deviations, the same way health insurance costs are.