Pretty big assumption here that they won’t pay more taxes than what they get from the government. I paid $20k in tax in the first year of my first non-retail job. If they paid taxes for 7-8 years before covid they probably already paid for themselves.
Your calculation would make sense - if all of your taxes went into the welfare system. In Germany the contribution rate is only 2.6% though (paid on top of your taxes) and with that your whole career might not be enough to pay for a single year of unemployment.
Also, the payment that arrives on your account hardly is the whole cost. There are up to whole ministries of government to pay for with thousands of tax-paid employees. Every pay-as-you-go system only works if the vast majority pays and only a few get paid.
Pretty big assumption here that they won’t pay more taxes than what they get from the government. I paid $20k in tax in the first year of my first non-retail job. If they paid taxes for 7-8 years before covid they probably already paid for themselves.
Your calculation would make sense - if all of your taxes went into the welfare system. In Germany the contribution rate is only 2.6% though (paid on top of your taxes) and with that your whole career might not be enough to pay for a single year of unemployment.
Also, the payment that arrives on your account hardly is the whole cost. There are up to whole ministries of government to pay for with thousands of tax-paid employees. Every pay-as-you-go system only works if the vast majority pays and only a few get paid.