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Don't be fooled
(lemmy.world)
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this post was submitted on 25 May 2025
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They are kind of a crisis for pensions, mind. The whole idea of a state pension is that for every worker there are approximately two more paying in to cover the costs of the pensions. Every generation is paying the pensions of the previous generation. Obviously it's actually less than two because of tax brackets and the fact that people die early, but on the whole, it's roughly two people.
If population declines, well you're gonna have to re-think your pensions and social care and find the money and/or labour somehow.
Billionaires are always welcome to pay their fair share of the tax burden by paying their employees a wage they can live on. Higher wages means more taxable income. Their current policy of, "privatize the profits and socialize the risks" benefits no one but themselves.
Oh no, not a reform of the ponzi scheme known as the pension system, the only solution is that we forcibly breed humans so that we have someone to pay taxes.