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by qurren 23 days ago
I really don't fucking know. That's not my problem. Either increase my salary by $500K for a couple years, or stop taxing me to death (state taxes, federal taxes, sales taxes, indirectly paying property taxes via rent, taxes disguised as car registrations, tariffs, so many goddamn taxes I don't have any money left to save), stop starting wars elsewhere, stop squandering money, anything.

It's not my problem, really. I'm very happy childless. Unless that money materializes, I can't afford kids.

1 comments

It's just that in the US, there are 3.6 million babies born each year; even taking the low-end of a $500k one-time payment to one parent, you're already talking a $1.8 trillion / year program, slightly larger than Social Security's $1.6 trillion program.

Social Security is funded by a 12.4% income tax, with half nominally paid by the employee and half nominally paid by the employer.

You'd need a similar tax to fund such a benefit, which would amount to a 15% income tax, assuming the program isn't too successful in raising birth rates.