Cannot imagine paying the penalties in a non-emergency. Or even the extra taxes...
Bad enough if you do a loan for say house improvements or to build a shop. But most won’t be that useful of spending plans.
I am conflicted...
Kind of like seatbelts. I worked traffic crashes for years. Could honestly care less if you choose to die....except we all know that when someone gets disabled, or in a persistent vegetative state, that the taxpayers are on the hook, forever.
Same with people who piss away their retirement opportunities. They should be left to sink if they can’t swim, but nope, we can’t do that anymore, so we financially prop them up, financially punishing those who chose to be smarter, work harder, or were just more cautious. It is extremely unfair in a country where excelling is so idolized, that we punish those same people who actually excel...