You are viewing a single comment's thread from:

RE: LeoThread 2025-02-24 06:50

in LeoFinance9 hours ago

If they can consistently give back to the citizens in any way, it's a good thing because in Africa or my country to be precise, even for people to get their pension is a big deal.

Sort:  

I think the problem is that they can't consistently give back to citizens. They give everything to the older generations at the cost of younger generations.

I'm happy when they can take care of the elderly but they aren't efficient about it at all, ever and it causes inflation and in Japan particularly crazy high taxes on self-employed people which is contributing to killing the overall economy.

Everything to the older generation doesn't look too good, at least there should be a balance.

Too much of taxes kill the economy and forces businesses to crumble easily.

Yes, that and too much regulation makes Japan very difficult, although to be honest, USA has a lot of regulations in some states, maybe even more than Japan. In Japan I have double regulations to deal with cause I'm a foreigner.

You can get a citizenship paper to reduce the regulation pressure, or are you on a work visit there?

Citizenship would present some new problems. My goal is permanent residency which I think I'm 3 ways away from. Gotta keep paying high taxes until then lol