W
WizardofSoda
Overlord
★★★★★
- Joined
- Aug 25, 2019
- Posts
- 7,602
Most of the Euro countries wouldn't collapse I don't think. But they would have to reduce the pensions and reduce social services. The property markets would get wrecked in much of the country. Thats not the end of the world, but in Western Europe the home ownership rate is over 50%.
What about raising taxes. A long time ago when taxes were low and the government relatively small, raising taxes was an option. But today taxes are already so high, that its not an option. There is only so high taxes can go before many millions of people stop trying so hard, and just choose to live a less materialistic life. Thats a good thing right, living a less materialistic life.. probably for that person, but not if you are relying on getting taxes on them working and spending money.
What about raising taxes. A long time ago when taxes were low and the government relatively small, raising taxes was an option. But today taxes are already so high, that its not an option. There is only so high taxes can go before many millions of people stop trying so hard, and just choose to live a less materialistic life. Thats a good thing right, living a less materialistic life.. probably for that person, but not if you are relying on getting taxes on them working and spending money.