Spanish minister proposes €20k ‘universal inheritance’ from age of 18 • Hacker News Board

Re: Spanish minister proposes €20k ‘universal inheritance’ from age of 18

#71

Post by littlestymaar » Fri, Jul 07, 2023, 5:59 PM UTC

germandiago wrote: post #70

G234323 wrote: post #61

Earlier quoted context omitted.

Because private debt is each individual responsibility. Public debt is the money of all tax payers

Exactly. It does not affect me directly. I do not have private debt. The public debt is the fact that someone decided that you will pay for something and get in debt through taxes. Out of control and totally unfair.

Ironically, a significant part of public debt we have today still comes from the aftermath of the last private debt crisis we had: first as a (too timid) response to the 2008 banking crisis, then as the result of the economic crisis that ensued.

When an entire society is built on private debt, it doesn't matter if you don't own debt by yourself, this is a society problem, and thus it becomes your problem.

Also, unless you are super wealthy (and should be taxed more) it's unlikely that you'll stay debt-free for your entire life.

Re: Spanish minister proposes €20k ‘universal inheritance’ from age of 18

#72

Post by deepthunder » Fri, Jul 07, 2023, 6:59 PM UTC

The landlords will just raise their rents accordingly. Effectively taxpayers will be subsidizing landlords.

This is effectively what happened in the UK where those on low income get their rents topped up by the government. Hence why so many MPs are landlords.

Re: Spanish minister proposes €20k ‘universal inheritance’ from age of 18

#73

Post by goodbyesf » Fri, Jul 07, 2023, 9:27 PM UTC

pcurve wrote: post #14

goodbyesf wrote: post #5

Earlier quoted context omitted.

Why not 20K every year? Get rid of all government programs ( welfare, healthchare, social security, etc ) and replace it with a universal yearly $20K. The only downside is that it would collapse the war machine since no 18 year old will sign up for the military.

"welfare, healthchare, social security, etc" Healthcare: Some people get unlucky with genetic lottery and will require far more cost in care than others. Some type of universal coverage still needs to exist imho. Social security: Unfortunately, not everyone is good with money. Social security is a mechanism for balancing out and restributing wealth, but it's also an investing service for those who don't know how to.…

> Healthcare: Some people get unlucky with genetic lottery and will require far more cost in care than others. Some type of universal coverage still needs to exist imho.

You can buy healthcare with 20K.

> Social security: Unfortunately, not everyone is good with money.

That's why it's 20K per year. Not a one time $2 million payment for the rest of your life. $20k more than the average social security payout.

Re: Spanish minister proposes €20k ‘universal inheritance’ from age of 18

#74

Post by germandiago » Fri, Jul 07, 2023, 10:55 PM UTC

littlestymaar wrote: post #71

germandiago wrote: post #70

Earlier quoted context omitted.

Exactly. It does not affect me directly. I do not have private debt. The public debt is the fact that someone decided that you will pay for something and get in debt through taxes. Out of control and totally unfair.

Ironically, a significant part of public debt we have today still comes from the aftermath of the last private debt crisis we had: first as a (too timid) response to the 2008 banking crisis, then as the result of the economic crisis that ensued. When an entire society is built on private debt, it doesn't matter if you don't own debt by yourself, this is a society problem, and thus it becomes your problem. Also, unles…

If govts did not play capturing huge masses of money to do favors and we limited ourselves to court and hearings when needed, people would be way more responsible in their actions and the services would be way more efficient and oriented to waht people want without excuses and make-up.

This is not how states operate, unfortunately, and they are not interested at all in making things change. People in the state live to a big extent from selling favors, whether we like it or not, via regulations and capturing money to make others happy. All, with our taxes.

I know many people do not think this way but if you took the time to read and understand the inner workings of politics and power you would almost never think well of a person whose job is professional politics.

Re: Spanish minister proposes €20k ‘universal inheritance’ from age of 18

#75

Post by littlestymaar » Fri, Jul 07, 2023, 11:22 PM UTC

germandiago wrote: post #74

littlestymaar wrote: post #71

Earlier quoted context omitted.

Ironically, a significant part of public debt we have today still comes from the aftermath of the last private debt crisis we had: first as a (too timid) response to the 2008 banking crisis, then as the result of the economic crisis that ensued. When an entire society is built on private debt, it doesn't matter if you don't own debt by yourself, this is a society problem, and thus it becomes your problem. Also, unles…

If govts did not play capturing huge masses of money to do favors and we limited ourselves to court and hearings when needed, people would be way more responsible in their actions and the services would be way more efficient and oriented to waht people want without excuses and make-up. This is not how states operate, unfortunately, and they are not interested at all in making things change. People in the state live t…

/r/badpolitics

Re: Spanish minister proposes €20k ‘universal inheritance’ from age of 18

#76

Post by peter-m80 » Sun, Jul 09, 2023, 3:19 PM UTC

germandiago wrote: post #68

peter-m80 wrote: post #65

Earlier quoted context omitted.

no inventes, no pagas 47% ni de coña

Cuando tu salario pasa de 62000 pagas 47% de IRPF a partir de ese tramo. ¿Qué pasa si ganas 110.000? Que se te llevan la mitad a partir de 62000, un auténtico saqueo. Y hay muchos más imopuestos indirectos e IVA, IBI, basuras, matriculación... Espera, que sé lo que vas a decirme... que gano demasiado. Así nos va, que todo el mundo se va. Yo también me fui. He vuelto por la familia básicamente. Se pagan barbaridades e…

La comparación no es justa, si lo haces con EEUU. Debes introducir el estado del bienestar en la ecuación. Ahí cualquier gasto médico de importancia a ti o tu familia puede dejarte arruinado. Aquí es básicamente gratis. Lo mismo con estudios, seguridad ciudadana (mola vivir tranquilo de que no haya tiroteos random)... Si tienes un sueldo de 110K, en españa vives como Dios, tú y tu familia.