Message from @porco
Discord ID: 428482181053153291
There were some scandals about government employees getting extremely high pensions very early but I can't find it anymore
In Taiwan
if you live in big cities in you're fucked
there's a fair bit of old people that live in poverty cause they got shit pension
Taiwan's retirement age is lower than most developed countire's retirement age
Workers retire at 61
But there are currently proposals to raise it to 65
Retirement age delay happens also in countries where the population is "increased" by immigration. It's likely that most people around the world that are 20-30 now will have a hard time retiring at today's age standards
On a side note, Taiwan's retirement system is a very good one, compared to the rest of Asia
you do those lottery things that Taiwan has?
like spend a certain amount and you get a lottery ticket
what do you mean? Doesn't lottery exist everywhere?
nah but instead of tax refund/rebate it goes into the government lottery
Ah I see
on every purchase, everywhere, you get a lottery code on your receipt and every few months they draw winning codes
that's done to fight tax evasion. People want those codes so shops have to declare the transaction
That's actually
Really smart
Wow uh
How high are the prizes you can win?
oh is that what it is
neat
what it was some weirdo tax thing
also heard you need a taiwanese id card for it though
Doesn't seem all that effective if they have low payouts
With a good accounting culture you wouldn't need this either
It's not about accounting, it's about corruption tho
Corruption with VAT right?
yes selling stuff without declaring the transaction. Taiwan's VAT is already really really low
Also it's have or not have on the money. People autistically collect those receips
Also you can donate your receips to monks or NGOs and they will cash them in if you have a winning number
on the night markets you usually have monks with baskets
Retirement in China for many women is 50
Then the rest 55
you sure
I think they raised it to 60 and 65
my sides
This dropshipping chinkerie is at the moment the first youtube advertiser for that coffee thing