Glad to know people taking on 30 year long loans pay slightly lower taxes for a few years, that’s certainly helping a lot. Few because no one’s giving a 20 years old a loan for a house/flat lol so you’re probably closer to 30 when you actually can and do want to settle.
You might be financially literate, but you’re not human literate if you think this tax reform is anything but catering to the young and non-politicised.
Debt? What debt are you talking about? You know how taxes work?
Young people are more likely to go into debt at the start of their lives. Whether it be for things like rent, buying a car, buying a house, education.
If taxes are lower they can either have more savings or pay of debt faster.
Come on it’s not that hard to realise more take home means you have more money. Christ this website is so financially illiterate.
Glad to know people taking on 30 year long loans pay slightly lower taxes for a few years, that’s certainly helping a lot. Few because no one’s giving a 20 years old a loan for a house/flat lol so you’re probably closer to 30 when you actually can and do want to settle.
You might be financially literate, but you’re not human literate if you think this tax reform is anything but catering to the young and non-politicised.
The tax break allows you to save. Means you will accumulate a deposit earlier in life, all else being equal.
What’s wrong with catering to the young? They need help.