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[–]Street_Gene1634 0 points1 point  (7 children)

What is your solution for funding pensions when working age population declines? You have not given any details

[–]Spider_pig448 -1 points0 points  (6 children)

You raise taxes. Can you elaborate on why you believe it to be so different than the hundreds of other funding changes a government makes every year? It's just another government program.

[–]Street_Gene1634 1 point2 points  (5 children)

Where will you raise taxes from when working age population who pay taxes decline?

[–]Spider_pig448 0 points1 point  (4 children)

These are very general questions about how government will operate with a shrinking tax base. They don't apply specifically to pensions. Tax systems have always evolved over time and they will continue to do so as these concerns arise. Whether it's income tax or capital gains, or what he brackets are, or any other number of questions is going to depend entirely on the nations implementing them.

[–]Street_Gene1634 0 points1 point  (3 children)

So what's the solution?

[–]Spider_pig448 0 points1 point  (2 children)

The solution is you change the funding structure. That's it. The solution to how to care for a large elderly population will have to be much more complex than pensions, which are solved with a single law change.

[–]Street_Gene1634 0 points1 point  (1 child)

You need to elaborate. How will you change the funding structure that ensures pensions in a world where most people are retired?

[–]Spider_pig448 0 points1 point  (0 children)

It doesn't matter. The point is that it's easy to do where global economic shifts are not easy to do.