This comment makes even less sense than jotras’ comment.
Pension funds buy shares in businesses such as Microsoft. The money going into the pension fund is not typically a function of the tax paid by companies such as Microsoft, but rather from a combination of actuaries’ recommendations, payroll tax receipts, and politicians’ priorities.
Therefore a pension funds’ equity holdings, such as Microsoft, doing well means taxes can be lower.
We really should have thought of this before becoming peasants.
Have you tried not being poor?
It gives you a new opportunity to pull yourself up by the bootstraps. Until mommy and daddy come along with another cash infusion.
You guys are getting bags?
Your pension fund, yes.
This comment makes even less sense than jotras’ comment.
Pension funds buy shares in businesses such as Microsoft. The money going into the pension fund is not typically a function of the tax paid by companies such as Microsoft, but rather from a combination of actuaries’ recommendations, payroll tax receipts, and politicians’ priorities.
Therefore a pension funds’ equity holdings, such as Microsoft, doing well means taxes can be lower.
If only my country (Germany)’s pension fund was capital/stock based.
1 reply →