It's not as simple as you think, it's not quite right to assume that without children everything will go to the state. Firstly, they can sell their property and have a great time in their old age and generally live a happy life, but what about the house? Well, they paid taxes and may well end up in a nursing home. Secondly, the US has a high inheritance tax of as much as 40%, which means half of the property will go to the state, which is very unfair in relation to children, but property can be given as a gift, what's stopping you from giving a house to a child in advance, for example? But there is a limit for giving, you can give gifts for a lifetime of 13 million dollars, this certainly won't affect the middle class, but there are also downsides to giving, what will happen if ungrateful children send you to a nursing home or kick you out on the street, now the house is their property and you are not the owner of it.
Jesus if the situation does not get better, I would not be surprised if humanity would start producing humans like chickens, sort of like in the Matrix movie. I really hope that AI will help people work less and people will make children more, but this will probably not be the thing
It's not as simple as you think, it's not quite right to assume that without children everything will go to the state. Firstly, they can sell their property and have a great time in their old age and generally live a happy life, but what about the house? Well, they paid taxes and may well end up in a nursing home. Secondly, the US has a high inheritance tax of as much as 40%, which means half of the property will go to the state, which is very unfair in relation to children, but property can be given as a gift, what's stopping you from giving a house to a child in advance, for example? But there is a limit for giving, you can give gifts for a lifetime of 13 million dollars, this certainly won't affect the middle class, but there are also downsides to giving, what will happen if ungrateful children send you to a nursing home or kick you out on the street, now the house is their property and you are not the owner of it.
Thanks for sharing this.
Jesus if the situation does not get better, I would not be surprised if humanity would start producing humans like chickens, sort of like in the Matrix movie. I really hope that AI will help people work less and people will make children more, but this will probably not be the thing
Raise of AI/automation might help