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Joined 1 year ago
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Cake day: August 2nd, 2023

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  • Wait your hot take is “yes I agree, cut my government pension fund so that my EMPLOYER doesn’t have to pay more taxes”??

    This isn’t you getting more in your paycheck now. This is your employer not having to pay as much in taxes. They will almost definitely not give you that money.

    Sure I mean, the stock market might go up a bit for a little while with this extra cash flow, but eventually those people who would rely on the government pension fund will need to draw money from SOMETHING. Then those market gains will crash.

    In what way is this beneficial beyond “stock market will go up a couple more years”? Which, by the way, unless you already have close to enough to retire now, just makes it MORE expensive for you to buy.