it’s an area where the government could force people to act in their own long-term interest instead of responding to shorter-term incentives
When governments are actively complicit in damaging the financial interests of citizens, it is perverse to legislate fixes before ending the active harm.
And if people want to nitpick exceptions, many exceptions could be written into the law.
In the event legislation like you suggest ever becomes even remotely plausible, please find me, I’d be happy to wager that it’ll pass with exceptions for the purchase of government-sponsored lottery tickets.
When governments are actively complicit in damaging the financial interests of citizens, it is perverse to legislate fixes before ending the active harm.
https://www.fool.com/retirement/2017/01/07/heres-what-americans-are-spending-on-lottery-ticke.aspx
In the event legislation like you suggest ever becomes even remotely plausible, please find me, I’d be happy to wager that it’ll pass with exceptions for the purchase of government-sponsored lottery tickets.