I think the interesting ethical/moral/etc debate is what to do for people who are at lower or negligible risk of dying from COVID in the first place.
For example, https://www.statista.com/statistics/1191568/reported-deaths-... suggests that <20k people under 40 have died from covid over 2 years. There might be age groups or demographics where the risk of death from the vaccine is higher than from covid. (This is a statistics observation, not a political statement.) For those groups, what should be expected in terms of vaccination? E.g. what if for your demographic, the risk of death from the vaccine in 1 in 50k but the risk of death from covid is 1 in 200k?