News for hackers. Stuff that matters.
Re:First US Census Bureau Report on Growing Childless Older ... by _red on Tuesday August 31, 2021 @12:18PM (#28369901)
One issue is that the childless will wind up requiring more state care as they age (since they won't have family to care for them). A possible solution would be to slightly increase taxes on childless to make up for that difference.
Re:First US Census Bureau Report on Growing Childless Older ... by InsaneOstrich on Tuesday August 31, 2021 @12:21PM (#28369927)
Childless people already pay more taxes since they don't have dependents to claim
Re:First US Census Bureau Report on Growing Childless Older ... by dcolkitt on Tuesday August 31, 2021 @12:36PM (#28370207)
Child tax deductions don’t even come close to canceling out the lost revenue of a potential future taxpayer over their lifetime. Especially given today’s near zero interest rate environment.

Look at it this way, properly incentivizing children would mean that the average couple with two kids would pay zero net taxes over their life. With zero rates a non taxpayer who reproduces at replacement has the same equivalent fiscal value as a childless full taxpayer.

Re:First US Census Bureau Report on Growing Childless Older ... by sokoloff on Tuesday August 31, 2021 @01:00PM (#28370574)
But I (happening to have two kids) consume government services now in addition to creating the linked supply and demand for government services that my kids represent.

It doesn’t seem like “promising my kids will pick up the tab at replacement rate” is enough to be stable.

Re:First US Census Bureau Report on Growing Childless Older ... by dcolkitt on Tuesday August 31, 2021 @09:35PM (#28375605)
Hmm... That's a fair point. The wrinkle is not all government services scale linearly with users. For example, if there were twice as many Americans we probably wouldn't need twice the defense budget.
Re:First US Census Bureau Report on Growing Childless Older ... by bee_rider on Tuesday August 31, 2021 @12:43PM (#28370311)
Helping to support people who have children is a pretty popular policy I think. People like public schools, right? Let's just do that, but more.

Punishing people for not having kids is obviously ridiculous.

Re:First US Census Bureau Report on Growing Childless Older ... by mc32 on Tuesday August 31, 2021 @12:28PM (#28370044)
But they also didn’t produce a taxpayer who would contribute to the pot.
Re:First US Census Bureau Report on Growing Childless Older ... by rchaud on Tuesday August 31, 2021 @12:32PM (#28370125)
But they also didn't take up a space at a taxpayer-subsidized daycare or kindergarten or state university.
Re:First US Census Bureau Report on Growing Childless Older ... by mc32 on Tuesday August 31, 2021 @12:34PM (#28370157)
Sure but then they mostly aren’t keeling over three years after retiring.
Re:First US Census Bureau Report on Growing Childless Older ... by dantheman on Tuesday August 31, 2021 @12:29PM (#28370074)
They also pay more taxes because they pay for schools and lots of services that those who have children take advantage of.
Re:First US Census Bureau Report on Growing Childless Older ... by voganmother42 on Tuesday August 31, 2021 @12:36PM (#28370191)
And that they themselves took advantage of, even the childless were children
Re:First US Census Bureau Report on Growing Childless Older ... by bpodgursky on Tuesday August 31, 2021 @12:26PM (#28370023)
The child tax credit is completely irrelevant compared to the cost you incur or social benefits you share by having a child.
Re:First US Census Bureau Report on Growing Childless Older ... by Jtsummers on Tuesday August 31, 2021 @12:23PM (#28369976)
"Because you have no family to rely on and your savings are insufficient to care for yourself we (the state) have to care for you. Therefore, we will tax you and people like you more in order to further reduce your savings and make you even more dependent on the state in your dotage."

That doesn't seem like a terribly effective "solution" unless the goal is to maintain the status quo, especially given the vicious cycle it introduces.

Re:First US Census Bureau Report on Growing Childless Older ... by mc32 on Tuesday August 31, 2021 @12:33PM (#28370136)
It’s because from the start it was never set up as a “savings account”. You didn’t just get your contribution plus interest minus overhead.
Re:First US Census Bureau Report on Growing Childless Older ... by Jtsummers on Tuesday August 31, 2021 @12:34PM (#28370160)
What are you responding to? I really am having trouble parsing your reply.

What was never set up as a savings account?

My comment was pointing out the absurdity of taxing a specific group of people more because in their old age they will become a greater burden on the state than another group. Consequently forcing them into becoming dependent on the state by reducing their ability to save and invest for themselves. It's a vicious cycle and the original commenter doesn't seem to recognize the absurdity of that position. In the OP's proposal, I'd have higher tax rates because I've not yet had children. But once I do have children, what, do I get it all back? Or am I just forced to suck up the unnecessarily reduced income for the past 20 years? What if my children (god forbid) don't survive to adulthood themselves. Will I start getting taxed more again due to this tragedy? Of course, this already happens now as you lose a dependent for tax purposes.

The position is absurdist unless the objective is to further reinforce dependence on the state.

I'll point out that the OP suggests increasing taxes on the childless over what they are already taxed now. Which suggests a greater swing than just the loss of a dependent on your taxes in the case of the death of your children. Adding insult to injury, as it were, for my last question.

Re:First US Census Bureau Report on Growing Childless Older ... by calt on Tuesday August 31, 2021 @12:21PM (#28369935)
> A possible solution would be to slightly increase taxes on childless to make up for that difference.

Not getting dependent/child tax credits already does this.

Re:First US Census Bureau Report on Growing Childless Older ... by wing-_-nuts on Tuesday August 31, 2021 @12:34PM (#28370159)
I already pay more income tax because I don't have dependents. A good portion (most?) of my property taxes go to schools I will never utilize. If anything, not having children is an altruistic choice that should be rewarded with lower taxes. Perhaps it will if carbon taxes ever become a thing.
Re:First US Census Bureau Report on Growing Childless Older ... by swader999 on Tuesday August 31, 2021 @12:45PM (#28370335)
These children will carry the tax torch when you retire.
Re:First US Census Bureau Report on Growing Childless Older ... by wing-_-nuts on Tuesday August 31, 2021 @12:52PM (#28370449)
My non-existent children won't cost the taxpayer anything in government services, so I guess we're even?
Re:First US Census Bureau Report on Growing Childless Older ... by swader999 on Tuesday August 31, 2021 @05:09PM (#28373697)
Yeah it should work out.
Re:First US Census Bureau Report on Growing Childless Older ... by bee_rider on Tuesday August 31, 2021 @12:41PM (#28370280)
It is better to treat these as separate issues. Some people need additional assistance from the state as they age. We should decide how much support we'd like to provide, and provide it without bias.

We might also want to encourage some level of additional population growth. This is best done by providing support for parents.

It is better to incentivize behavior by providing services that help people do the things we want. Attempting to punish people will just cause anger, and even if the punishment is doled out for good reason (which, I'd say it isn't a good reason in this case), some level of misstargeting is inevitable.