Just to add full context, if you owe money and fill an extension till October you could have to pay a 25% penalty on what you owe.
lunatic_lobster @ lunatic_lobster @lemmy.world Posts 0Comments 3Joined 2 yr. ago
lunatic_lobster @ lunatic_lobster @lemmy.world
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It's not caused by capitalism but exacerbated by it. The ratio of workers to retirees in 1960 was 5.1 to 1, it's now 2.1 to 1. Sure if capital wasn't extracting excess value maybe we could be fine at 2.1 to 1 but I doubt we would be at .5 to 1. At some point it becomes an issue