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> Just give them huge tax breaks for having 4+ kids. The trend would reverse in 9 months. Hungary has already tried this and it doesn't work. https://en.wikip
by A_D_E_P_T 3y ago
> Just give them huge tax breaks for having 4+ kids. The trend would reverse in 9 months.
Hungary has already tried this and it doesn't work.
https://en.wikipedia.org/wiki/Family_policy_in_Hungary https://en.wikipedia.org/wiki/Family_policy_in_Hungary
> "The Second Orbán Government made saving the nation from the demographic abyss a key aspect and therefore has introduced generous breaks for large families and greatly increased social benefits for all families. Those with three or more children pay virtually no taxes."
S.Korea is trying regular cash payouts: https://www.aljazeera.com/news/2023/4/12/south-korea-splashes-the-cash-in-scramble-to-fix-fertility-crisis https://www.aljazeera.com/news/2023/4/12/south-korea-splashe...
Evidently much more is required. Or it could be that the problem isn't solely financial. In heavily urbanized countries, most people apparently prefer easy modern entertainments to the rigors and stresses of parenting.
- hellisothers 3y agoThose amounts are pitiful, S Korea is giving a total of $10k to have a kid? Even a $100k would barely scratch the surface in a high COL area where a partner is dropping a six figure salary or paying $40k/yr for daycare. If they’re serious then make the incentives serious, and scale.