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In almost no country those taxes work like a normal pension. They are an as is fund where people pay now for those pensions now. You do not save for your own re
by consp 1y ago
In almost no country those taxes work like a normal pension. They are an as is fund where people pay now for those pensions now. You do not save for your own retirement, you pay for the retirement of the current generation.
- bartread 1y agoYes, and with an aging population the bill gets ever more expensive so people have to work longer to cover it. I don’t like it either but can well imagine I’ll be working until 70, if I last that long.
- deleted 1y ago[deleted]
- prmoustache 1y agoThat is a thing that should be changed. We should sacrifice one generation to do that but nobody is willing to accept it.