I have wondered about this for a long time. Taxes are essentially shared services. Why do you pay less for having kids instead of paying more?
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So you are saying we need more people on this planet? I disagree!!!Incentivizes having kids. We have or are heading for a lopsided aged society. The economy, tax base, social security are premised on balance in age groups. Tax breaks that impact the greater majority of tax payers are usually in place as incentives for behavior. Tax breaks that only impact the elite are often a manipulation of the system by the rich and powerful to help a few, the rich and powerful. See the Gallo death tax as an example. Both parties were paid to make that happen.
So you are saying we need more people on this planet? I disagree!!!
You asked why the breaks exist. Originally, it was growth of the population and to keep the family unit in place (joint filing), but Europe and the US will see a plateau in population growth and then a decline, if trends continue. The tax base is dependent upon working income producing people. There will be a tipping point.So you are saying we need more people on this planet? I disagree!!!
I just posted this today. I thought you should have been paying more for your kids generations ago.Why do you care? You won’t be alive for the majority kids lives today. Someone has to pay taxes to care for your old ass in a nursing home…
I just posted this today. I thought you should have been paying more for your kids generations ago.
I just posted this today. I thought you should have been paying more for your kids generations ago.
The funny part is people like you don’t realize that parents still pay more taxes on the whole even with the tax break. Kids need a lot of stuff, to be driven everywhere, etc. every penny I spend on them comes with a tax.
We have numerous taxing policies that favor growth of a family. Having kids is incredibly expensive. The tax breaks, which aren't huge for most people, are there to help growing families.I just posted this today. I thought you should have been paying more for your kids generations ago.
So you are saying we need more people on this planet? I disagree!!!
Good. Too many goddamned people as it is now.but Europe and the US will see a plateau in population growth and then a decline, if trends continue.
This is like saying people that have yachts pay more in taxes because boats require lots of maintenance.
Yes but 10 ➗️ 2 equals more than 10 ➗️ by 3. The more to the right of the ➗️ sign, the more you should pay.I get the points made here but you also pay for a fire department and police department even if you never use them. It’s a socialist part of our society and that’s okay.
Yes but 10 ➗️ 2 equals more than 10 ➗️ by 3. The more to the right of the ➗️ sign, the more you should pay.
No, it’s really not. I’m simply saying people with kids generally pay more in taxes than those without. The yacht analogy is pretty ridiculous.
My investment accounts and passive income were growing at a much higher rate before I had a bunch of kids. I’d be paying FAR less tax with the same income pre children. Simple fact.
The question was why do people with children pay less. The simple answer is they don’t pay less. Also people having children is great for the economy as a whole and society. Someone getting work done on their boat are neither.
Don't have the kids. Live in a smaller house. You need a bigger house for your kids than you pay for it. Please explain to me why the exact same house should cost me more if I don't have kids. Why do you "deserve" a tax break?Glenn when they start working (16+) they contribute to society and end up paying their fair share as well in the end - government is providing incentives as well as the numerous things parents provide kids adds to states sales/tax revenue etc and have to buy bigger houses to supplement the kids so they end up paying more in property taxes etc
Maybe if your parents didn’t have tax breaks they couldn’t have afforded food/shelter/school for you to become what you have become?Don't have the kids. Live in a smaller house. You need a bigger house for your kids than you pay for it. Please explain to me why the exact same house should cost me more if I don't have kids. Why do you "deserve" a tax break?
Kind of odd to read people make these comments. Yeah, we all subsidize the future of our country. I am all for people not having or raising kids, but it ain’t all about you. For anyone counting on the social security, you best hope that the generations behind you are not tiny.How did kids impact your investment and passive income? And how would you pay less taxes? You get tax credits for having kids? Not sure I follow what you’re saying here. Diss the boat analogy all you want.
People without children subsidize people with children and it is unfair. You can justify it however you would like but it is not fair and deserves to be questioned.
If my parents couldn't afford to have me then they shouldn't have had me. They shouldn't have been given incentive to have me.Maybe if your parents didn’t have tax breaks they couldn’t have afforded food/shelter/school for you to become what you have become?
Are you even considering that or just mad about tax .
Kind of odd to read people make these comments. Yeah, we all subsidize the future of our country. I am all for people not having or raising kids, but it ain’t all about you. For anyone counting on the social security, you best hope that the generations behind you are not tiny.
Flat rate consumption tax FTW
I don’t think it unfair and my kids are long grown and no longer under my care. I have never and may never need a fire department, but I don’t mind paying for those who do. If you don’t need social security, you must be very wealthy. If so, why are you complaining? If not, YOU need the next generations.But we already do pay into the future through our taxes. We just pay more, which for some of those of us without kids, is patently unfair. You just like it because it benefits you. I get it. I don’t because it penalizes me.
You get all off the illegal (drugs) that way too.Or go cash and carry. Give me back 22% of my income and let me pay directly for the services I utilize. Flat tax for the very most basics that would be necessary but nothing past that.
I don’t think it unfair and my kids are long grown and no longer under my care. I have never and may never need a fire department, but I don’t mind paying for those who do. If you don’t need social security, you must be very wealthy. If so, why are you complaining? If not, YOU need the next generations.
Yeah, you think it’s your money, but that is not reality. Reality requires the next generations to pay in for you to get yours. Welcome to the present.While my house might catch on fire I am never going to have a kid that needs an education. I have been forced to pay into SS my entire life. It is my money. I have heard every one of the arguments you make and in the end there is no way for you to square that circle for me.
Then we couldn't afford to be in so many wars.Ready for this: what if all us just paid less taxes period? 🤯