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Sooo is statisa [1] also a conservative think tank? I don't see anything wrong with the quote you provided. > Social security and pesnions aren't financed by t
by RamblingCTO 3y ago
Sooo is statisa [1] also a conservative think tank? I don't see anything wrong with the quote you provided.
> Social security and pesnions aren't financed by taxes, in Germany taxes are not earmarked for a specific purpose.
Not sure I can follow. Of course the pensions and social security are quite substantially tax funded [2].
[1] https://de.statista.com/infografik/13660/oecd-vergleich-steuern--und-abgaben/ https://de.statista.com/infografik/13660/oecd-vergleich-steu...
[2] https://www.ihre-vorsorge.de/rente/nachrichten/haushalt-fuer-rente-und-sozialleistungen-ist-auch-2024-der-groesste-posten https://www.ihre-vorsorge.de/rente/nachrichten/haushalt-fuer...
- croes 3y agoThey used the pension money for other things so it's logical to pay it back. And just because tax money is used for pensions doesn't mean the socuial security and pension contributions are tax burden. Like I said, if all social security was through private insurance the tax burden would be lower but the people wouldn't have more money. Health insurance proved otherwise. As long as you are healthy you pay less but as soon you get sick more often it gets way more expensive. But the later wouldn't be recognized as tax burden. Tax burden itself is a useless measure, the total cost of living is better.
- vereinbar 3y ago>Like I said, if all social security was through private insurance the tax burden would be lower but the people wouldn't have more money. It won't be that lower. The German pension has existing liabilities that they must pay. Since it is backed by the state, it will inevitably be paid by the taxes. Even if the pension payments were abolished, just to pay existing entitlements, the taxes would be increased proportionally. The public pension can be considered a plus in a young country with a healthy demographics. In a geriatric state such as Germany, it is a big burden.