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Another supportive argument (especially for Europe, maybe not US) is that those knowledge workers have spent a considerable time, money, and effort to acquire t
by NalNezumi 3y ago
Another supportive argument (especially for Europe, maybe not US) is that those knowledge workers have spent a considerable time, money, and effort to acquire that talent/skill-set, and unlike your own citizen your country spent *zero* euro paying for that.
Most European countries have heavy tax but very protective social services, including free education and universal healthcare, which only works because there's an expectation that when you come of age, you'll support the same system . So every citizen before turning adult (or paying taxes) are a net-debtor for society as a whole. Knowledge worker expats start at zero debt for you.
Worst thing for countries like this is if its citizen get educated there and the best talent just moves to greener pasture (SV etc).
If one can let go of their jealousy and see things practically, some tax incentive makes sense, but should be done smartly (not to cover rich people buying their way in while contributing zero long-term)
- shiroiuma 3y ago>some tax incentive makes sense, but should be done smartly (not to cover rich people buying their way in while contributing zero long-term) Yeah, it should be tied to your job. If you work for a local tech company in a highly-skilled position requiring a lot of education and experience, then you get a big tax break. If you're just some rich person living off of investments, or you're a digital nomad working for a US company remotely, then forget it.
- newaccount74 3y ago> there's an expectation that when you come of age, you'll support the same system I think this is the wrong way to look at it. You are looking at it from an individual perspective. I think it's better to look at it from the perspective of the society as a whole. Free education isn't a gift to an individual that they need to pay back. Free education is an investment into society. Society as a whole benefits from the fact that there are now well educated people around. You don't pay taxes to pay back the education you received. You pay taxes to support the society you live in. If you want to live here, you need to pay your share, and how much you personally benefitted in the past or in the future should not affect how much you have to pay.
- NalNezumi 3y agoI'm not looking from an individual perspective, but a balance-sheet perspective. It's all lovey-dovey to see Free education as an investment and all, but at the end of the day, it's the accountant that will scratch his head looking at the red number on the balance sheet. I share your idealism that education is more than just economics/investment and you shouldn't think how much you paid vs how much you receive, but when push comes to shove, and the accountant is knocking on your door in panic because the number have been red for decades, you have to face the reality and make (hopefully rational) hard decisions. And that's the part I'm talking about. You can put your head in the sand and decades down the line to create a crisis like that of Greece, or you can see that to keep this system, you need to be smart and see things for what it is, and adapt the rules around it (such as incentivizing individuals, including from abroad, that is a net-contributor to want to come) while not losing the ideal. But everyone having your ideal is fine by me. I'm the guy that got a free education(even paid) up to a Masters degree and moved country right after.