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kadenshep
on Feb 27, 2018
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How I Used Eve Online to Predict the Great Recessi...
>Disincentivizing savings without having a good system in place for retirement would break a country in a single generation.
We have the former without the latter in the U.S. already.
olympus
on Feb 27, 2018
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Savings in the US are not quite disincentivised, but not actively encouraged. You're only taxed on interest, the principal in a savings account isn't taxed.
aaronblohowiak
on Feb 27, 2018
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401k, IRA, 529, etc. all encourage savings.
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We have the former without the latter in the U.S. already.