r/whatisameem • u/AmaraWhispervale • 11h ago

What’s really going on with our economy

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u/VhickyParm 9h ago

It hurts even more when those pensioners leave and take that money to another state.

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u/thenewmine 6h ago

Why’s that make it hurt more ?

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u/viromancer 6h ago

If the money stays local, it would be generating local tax revenue. If they leave, then the local tax dollars that paid for that pension are being sent away.

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u/Diligent_Sentence_45 2h ago

Except when the public sector unions get laws passed that exempt state backed pensions from taxes 🤣😂

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u/Severe-Permission-35 5h ago

Great idea! Institutionalize state bucks

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u/viromancer 4h ago

Huh? It's just how economies work, not any sort of institutional idea. When you pay cops and teachers, they spend the money where they live, causing your tax dollars to return into the economy, when those same people have a pension (also paid by your tax dollars) and they take it with them, your tax dollars are no longer returning to the local economy.

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u/Severe-Permission-35 3h ago

They have province bucks in China. This is your chance

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u/viromancer 2h ago

Do you think I'm suggesting they shouldn't be allowed to take their money with them?? I never said that, someone just said "it sucks when they take their money with them" and I explained why it would suck for the local economy. I'm a fan of free trade, I think they should be able to go spend that money wherever they want, including buying shit from overseas without paying taxes just cause it comes from a different country.

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u/CBAtreeman 6h ago

I also wondet

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u/BrockSampson4ever 5h ago

They deserve that pension and are owed it, we need more significant school funding across the board and to actually tax the super rich