Lucky for me my parents were both “I didn’t save anything for retirement, my kids will take care of me when I’m older”, so I don’t have to suffer through this.

  • LifeInMultipleChoice@lemmy.worldEnglish
    1·
    6 hours ago

    Its actually a good thing if these people are spending their money and not hoarding it and putting it in savings accounts to pass down. It liquidates money in the economy and should boost it. That said… If where you are taxes are shite and aren’t redistributing the wealth properly it will all just end up in someone far richer’s bank account.