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Tax on pensioners proposed
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 Willo  South coast - west of Brighton. 08 May 18 10.36am |
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Originally posted by Midlands Eagle
I can't see this vote loser ever coming into being as whichever party introduces it will lose the next election. I'm also blowed if I am going to pay extra tax just so that some 25 year old knife wielding drug dealer can have a bonus courtesy of me On the basis that the Conservatives get the 'Lion's share' of the pensioners vote, it really would be electoral suicide for us to adopt the proposal as Government policy. This wouldn't be counter balanced by luring the young into voting Conservative.Firstly more of the older generation turn out to vote besides all the young will be conned by lavish Labour promises they either cannot keep or if they did so would bankrupt this country but this is another debate.
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| Lyons550 Shirley 08 May 18 11.10am |
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If this proposal was structured differently and phrased as such it'd get more traction. As i believe it; the proposal is to assist in buying property or paying down tuition fees...if this is so...then any tax should simply be used to reduce tuition fees or provide a subsidy on purchase of the property in question. I have no problem with people using the system paying into it...even as pensioners; but to simply go after them because they're perceived as being well off is simply absurd and ill advised. This whole debate has come about because the entry levels onto the housing markets are ludicrously high; enforce the Social housing % in ALL developments from now on WITHOUT exception and invest in the Northern powerhouse. This will result in house prices in the south dropping as well as wage earning in the north rising. Narrowing the gap.
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| Stirlingsays 08 May 18 11.22am |
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I do believe that there is some justification in the view that the balance isn't fair. If you look at pensioners through a Thatcher lens it doesn't look good for them. However, the current state over balance towards fiscal help to pensioners has been done for electoral purposes and so to see the Tories now publicly thinking about reducing it amuses me greatly. Talk about self harming. Still it's true that the balance of state fiscal assistance is overly favourable to pensioners. It's also very short sighted considering that this group is only going to increase in number.....but that's your Cameron types all over. Edited by Stirlingsays (08 May 2018 11.24am)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| Willo South coast - west of Brighton. 08 May 18 11.34am |
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Originally posted by Stirlingsays
I do believe that there is some justification in the view that the balance isn't fair. If you look at pensioners through a Thatcher lens it doesn't look good for them. However, the current state over balance towards fiscal help to pensioners has been done for electoral purposes and so to see the Tories now publicly thinking about reducing it amuses me greatly. Talk about self harming. Still it's true that the balance of state fiscal assistance is overly favourable to pensioners. It's also very short sighted considering that this group is only going to increase in number.....but that's your Cameron types all over. Edited by Stirlingsays (08 May 2018 11.24am) Just a report into inter-generational fairness by 'The Research and policy organisation'. Not sure that the Conservative Party have or will give it serious consideration. To think the Chairman 'Lord Willetts' was once known as "Two brains" in recognition of his cerebral capacity !
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pefwin  Where you have to have an English ... 08 May 18 11.44am |
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Intergenerational equality is not a new idea. The problem is that we have had 40 years of short-term policies, skewed towards those liable to vote. It has meant that the old have got relatively wealthier whilst the young got poorer. People who retired say 10-20 years ago will be the most wealthy pensioners ever. A short-term fix will not work, or a society windfall tax, we need to look at society as a whole, how we pay for education, the housing market, IHT, and many more aspects.
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| silvertop Portishead 08 May 18 11.50am |
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Originally posted by Cucking Funt
My point is that, having paid tax all their lives, it seems a ridiculous notion that they should now have to pay more just to stick ten grand in the back pockets of kids, a luxury they themselves were not afforded. Really? Tuppeny-happeny houses, a far more generous welfare system, subsidised transport, jobs for life, final salary pensions, student grants... There are 2 things that really bother me [just so you know where to prod next time]: 1. In our day we scrimped and saved for a house. These days the young just blow their money and get into debt. 2. I've paid tax all my life; I've earned my time in the sun. You prodded number 2. On the £10k handout, it will simply be absorbed by debt and give their parents at best a year before they start bailing them out again. Useless. Better would be to means test the state pension; start to invest heavily in private halthcare; and then use the vast resources released to work towards equalising life between young and old. Both would be eminently fair; and political suicide. Thus, never gonna happen.
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| Lyons550 Shirley 08 May 18 11.51am |
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Originally posted by pefwin
Intergenerational equality is not a new idea. The problem is that we have had 40 years of short-term policies, skewed towards those liable to vote. It has meant that the old have got relatively wealthier whilst the young got poorer. People who retired say 10-20 years ago will be the most wealthy pensioners ever. A short-term fix will not work, or a society windfall tax, we need to look at society as a whole, how we pay for education, the housing market, IHT, and many more aspects.
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| Rudi Hedman Caterham 08 May 18 11.51am |
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Originally posted by silvertop
By way of clarity, they have paid tax all their life and got public services back in return. Why should they now pay no tax but still enjoy the same services IF (big if) they can afford to pay as much as someone in the working population? What has chronology got do do with anything? As a PS, you are aware that recently the average income for pensioners passed the average income for the waged? Really? Proof?
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| Stirlingsays 08 May 18 11.53am |
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Originally posted by pefwin
Intergenerational equality is not a new idea. The problem is that we have had 40 years of short-term policies, skewed towards those liable to vote. It has meant that the old have got relatively wealthier whilst the young got poorer. People who retired say 10-20 years ago will be the most wealthy pensioners ever. A short-term fix will not work, or a society windfall tax, we need to look at society as a whole, how we pay for education, the housing market, IHT, and many more aspects. I think I tend to agree that windfall isn't the way to go. Still, this isn't the fault of pensioners and making people poorer isn't exactly a nice policy....especially when this is the voting block who most reliably vote for you. It's a horrible situation to be in for the Tories or indeed any party in charge. We are in this situation because parties are selfish rather than interested in the long term health of the country......but that's just a flaw in democracy. I know if I were leader I would hate this situation. Edited by Stirlingsays (08 May 2018 11.55am)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| silvertop Portishead 08 May 18 11.55am |
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Originally posted by Rudi Hedman
Really? Proof?
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| Rudi Hedman Caterham 08 May 18 11.58am |
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Originally posted by silvertop
After removing rent or mortgage housing costs, £20 a week better off. Wow.
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| Lyons550 Shirley 08 May 18 12.00pm |
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Originally posted by Rudi Hedman
After removing rent or mortgage housing costs, £20 a week better off. Wow. Remove their winter £10 payment!!
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