and it creates all the wrong incentives since they're overdoing it by quite a bit. it also forces people to less optimal decisions because they need to avoid t

and it creates all the wrong incentives since they're overdoing it by quite a bit. it also forces people to less optimal decisions because they need to avoid taxes. at the end of the day, this makes them less resilient, since governments won't be fast enough to react to new developments and incentivized to actually solve problems. edit: just to add to this: I don't think pooling / sharing is bad, there are many cases where this makes sense (investments, insurance), especially when it's voluntary, but it's easy to overdo it in a forced model. European living abroad btw, familiar with many different ways people live.